Based on today's classical pivot point (P1) with the value of $0.0₅6796, Weber Energy Network has support levels of $0.0₅5524, $0.0₅4737, and the strongest at $0.0₅3465. Similarly, Weber Energy Network resistance levels are at $0.0₅7583, $0.0₅8855, and $0.0₅9641.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5524 | |
| S2 | $0.0₅4737 | |
| S3 | $0.0₅3465 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7583 | |
| R2 | $0.0₅8855 | |
| R3 | $0.0₅9641 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 54.14 | NEUTRAL |
| Stoch RSI (14) | 15.98 | BUY |
| Stochastic Fast (14) | 34.55 | NEUTRAL |
| Commodity Channel Index (20) | 47.48 | NEUTRAL |
| Average Directional Index (14) | 65.69 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -65.45 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 31.13 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Weber Energy Network price was most positively correlated with the price of Virtuals Protocol (VIRTUAL), Algorand (ALGO), Decred (DCR), OKB (OKB) and Optimism (OP) and most negatively correlated with the price of JUST (JST), Injective (INJ), Telcoin (TEL), Binance Coin (BNB) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Virtuals Protocol | 0.603 |
| Algorand | 0.589 |
| Decred | 0.589 |
| OKB | 0.584 |
| Optimism | 0.579 |
| Name | Correlation |
|---|---|
| JUST | -0.561 |
| Injective | -0.497 |
| Telcoin | -0.489 |
| Binance Coin | -0.481 |
| DeXe | -0.439 |
Weber Energy Network price is positively correlated with the top 10 coins by market cap with a price of 0.373, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.268.
Currencies that are positively correlated with Weber Energy Network indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Weber Energy Network, a move in one direction for Weber Energy Network would translate into a move in the opposite direction for the negatively correlated coin.
