Based on today's classical pivot point (P1) with the value of $0.1221, WELF has support levels of $0.08240, $0.05878, and the strongest at $0.01904. Similarly, WELF resistance levels are at $0.1458, $0.1855, and $0.2091.
| # | Price | Strength |
|---|---|---|
| S1 | $0.08240 | |
| S2 | $0.05878 | |
| S3 | $0.01904 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1458 | |
| R2 | $0.1855 | |
| R3 | $0.2091 |
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) | 60.92 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 39.68 | NEUTRAL |
| Commodity Channel Index (20) | 286.75 | SELL |
| Average Directional Index (14) | 21.79 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.01 | BUY |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -60.32 | NEUTRAL |
| Bull Bear Power (13) | 0.07 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.65 | NEUTRAL |
| VWMA (10) | 0.10 | BUY |
| Hull Moving Average (9) | 0.10 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.12 | NEUTRAL |
Over the past 7 days, WELF price was most positively correlated with the price of TRON (TRX), Tezos (XTZ), Immutable X (IMX), JUST (JST) and Aerodrome Finance (AERO) and most negatively correlated with the price of Venice Token (VVV), Artificial Superintelligence Alliance (FET), Pi Network (PI), Morpho (MORPHO) and Zebec Network (ZBCN).
| Name | Correlation |
|---|---|
| TRON | 0.924 |
| Tezos | 0.902 |
| Immutable X | 0.880 |
| JUST | 0.864 |
| Aerodrome Finance | 0.843 |
| Name | Correlation |
|---|---|
| Venice Token | -0.833 |
| Artificial Superintelligence Alliance | -0.580 |
| Pi Network | -0.552 |
| Morpho | -0.503 |
| Zebec Network | -0.480 |
WELF price is positively correlated with the top 10 coins by market cap with a price of 0.429, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.283.
Currencies that are positively correlated with WELF 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 WELF, a move in one direction for WELF would translate into a move in the opposite direction for the negatively correlated coin.
