Based on today's classical pivot point (P1) with the value of $0.01165, WeFi has support levels of $0.01163, $0.01162, and the strongest at $0.01160. Similarly, WeFi resistance levels are at $0.01167, $0.01169, and $0.01171.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01163 | |
| S2 | $0.01162 | |
| S3 | $0.01160 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01167 | |
| R2 | $0.01169 | |
| R3 | $0.01171 |
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) | 45.55 | NEUTRAL |
| Stoch RSI (14) | 83.67 | SELL |
| Stochastic Fast (14) | 53.64 | NEUTRAL |
| Commodity Channel Index (20) | -24.76 | NEUTRAL |
| Average Directional Index (14) | 49.08 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -46.36 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.97 | NEUTRAL |
| VWMA (10) | 0.01 | BUY |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, WeFi price was most positively correlated with the price of VeChain (VET), Bitcoin (BTC), Aerodrome Finance (AERO), Lido DAO Token (LDO) and Immutable X (IMX) and most negatively correlated with the price of Canton (CC), Venice Token (VVV), Pi Network (PI), Artificial Superintelligence Alliance (FET) and Kaia (KAIA).
| Name | Correlation |
|---|---|
| VeChain | 0.520 |
| Bitcoin | 0.482 |
| Aerodrome Finance | 0.477 |
| Lido DAO Token | 0.474 |
| Immutable X | 0.472 |
| Name | Correlation |
|---|---|
| Canton | -0.326 |
| Venice Token | -0.261 |
| Pi Network | -0.119 |
| Artificial Superintelligence Alliance | -0.015 |
| Kaia | 0.004 |
WeFi price is positively correlated with the top 10 coins by market cap with a price of 0.413, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.336.
Currencies that are positively correlated with WeFi 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 WeFi, a move in one direction for WeFi would translate into a move in the opposite direction for the negatively correlated coin.
