Based on today's classical pivot point (P1) with the value of $0.01172, WeFi has support levels of $0.01170, $0.01168, and the strongest at $0.01166. Similarly, WeFi resistance levels are at $0.01174, $0.01176, and $0.01178.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01170 | |
| S2 | $0.01168 | |
| S3 | $0.01166 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01174 | |
| R2 | $0.01176 | |
| R3 | $0.01178 |
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) | 34.41 | NEUTRAL |
| Stoch RSI (14) | 86.80 | SELL |
| Stochastic Fast (14) | 39.09 | NEUTRAL |
| Commodity Channel Index (20) | -101.49 | BUY |
| Average Directional Index (14) | 82.08 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -60.91 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 51.11 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| 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 Cronos (CRO), Algorand (ALGO), Immutable X (IMX), Decred (DCR) and Toncoin (TON) and most negatively correlated with the price of LEO Token (LEO), Chiliz (CHZ), TRON (TRX), DeXe (DEXE) and Lido DAO Token (LDO).
| Name | Correlation |
|---|---|
| Cronos | 0.520 |
| Algorand | 0.517 |
| Immutable X | 0.511 |
| Decred | 0.497 |
| Toncoin | 0.495 |
| Name | Correlation |
|---|---|
| LEO Token | -0.373 |
| Chiliz | -0.327 |
| TRON | -0.319 |
| DeXe | -0.269 |
| Lido DAO Token | -0.253 |
WeFi price is positively correlated with the top 10 coins by market cap with a price of 0.388, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.360.
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.
