Based on today's classical pivot point (P1) with the value of $0.0₅1398, WECOIN has support levels of $0.0₅1307, $0.0₅1228, and the strongest at $0.0₅1137. Similarly, WECOIN resistance levels are at $0.0₅1477, $0.0₅1568, and $0.0₅1647.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1307 | |
| S2 | $0.0₅1228 | |
| S3 | $0.0₅1137 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1477 | |
| R2 | $0.0₅1568 | |
| R3 | $0.0₅1647 |
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) | 14.21 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 5.18 | BUY |
| Commodity Channel Index (20) | -399.50 | BUY |
| Average Directional Index (14) | 34.60 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -94.82 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 13.89 | BUY |
| 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, WECOIN price was most positively correlated with the price of Flare (FLR), Cosmos (ATOM), Binance Coin (BNB), DeXe (DEXE) and Chiliz (CHZ) and most negatively correlated with the price of Ethena (ENA), TRON (TRX), Conflux (CFX), Sun Token (SUN) and Stellar (XLM).
| Name | Correlation |
|---|---|
| Flare | 0.885 |
| Cosmos | 0.862 |
| Binance Coin | 0.829 |
| DeXe | 0.827 |
| Chiliz | 0.824 |
| Name | Correlation |
|---|---|
| Ethena | -0.741 |
| TRON | -0.685 |
| Conflux | -0.673 |
| Sun Token | -0.673 |
| Stellar | -0.660 |
WECOIN price is positively correlated with the top 10 coins by market cap with a price of 0.206, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.259.
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.
