Based on today's classical pivot point (P1) with the value of $0.0₅1118, WECOIN has support levels of $0.0₅1101, $0.0₅1091, and the strongest at $0.0₅1074. Similarly, WECOIN resistance levels are at $0.0₅1128, $0.0₅1146, and $0.0₅1155.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1101 | |
| S2 | $0.0₅1091 | |
| S3 | $0.0₅1074 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1128 | |
| R2 | $0.0₅1146 | |
| R3 | $0.0₅1155 |
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) | 11.55 | BUY |
| Stoch RSI (14) | 0.67 | BUY |
| Stochastic Fast (14) | 0.54 | BUY |
| Commodity Channel Index (20) | -146.75 | BUY |
| Average Directional Index (14) | 45.40 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.46 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 11.05 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, WECOIN price was most positively correlated with the price of Cardano (ADA), Curve DAO Token (CRV), Cosmos (ATOM), Zcash (ZEC) and Kaspa (KAS) and most negatively correlated with the price of Sun Token (SUN), TRON (TRX), Ethena (ENA), Sky (SKY) and Polygon Ecosystem Token (POL).
| Name | Correlation |
|---|---|
| Cardano | 0.886 |
| Curve DAO Token | 0.880 |
| Cosmos | 0.875 |
| Zcash | 0.873 |
| Kaspa | 0.872 |
| Name | Correlation |
|---|---|
| Sun Token | -0.777 |
| TRON | -0.736 |
| Ethena | -0.548 |
| Sky | -0.532 |
| Polygon Ecosystem Token | -0.444 |
WECOIN price is positively correlated with the top 10 coins by market cap with a price of 0.488, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.495.
Currencies that are positively correlated with WECOIN 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 WECOIN, a move in one direction for WECOIN would translate into a move in the opposite direction for the negatively correlated coin.
