Based on today's classical pivot point (P1) with the value of $0.0₅6764, WELFY has support levels of $0.0₅6593, $0.0₅6362, and the strongest at $0.0₅6191. Similarly, WELFY resistance levels are at $0.0₅6996, $0.0₅7166, and $0.0₅7398.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6593 | |
| S2 | $0.0₅6362 | |
| S3 | $0.0₅6191 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6996 | |
| R2 | $0.0₅7166 | |
| R3 | $0.0₅7398 |
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) | 59.42 | NEUTRAL |
| Stoch RSI (14) | 59.95 | NEUTRAL |
| Stochastic Fast (14) | 63.38 | NEUTRAL |
| Commodity Channel Index (20) | 106.88 | SELL |
| Average Directional Index (14) | 36.06 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -36.62 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 69.45 | NEUTRAL |
| 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, WELFY price was most positively correlated with the price of Pepe Coin (PEPE), Hyperliquid (HYPE), Tezos (XTZ), Optimism (OP) and Floki Inu (FLOKI) and most negatively correlated with the price of Morpho (MORPHO), Venice Token (VVV), Jito (JTO), Canton (CC) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Pepe Coin | 0.908 |
| Hyperliquid | 0.888 |
| Tezos | 0.885 |
| Optimism | 0.876 |
| Floki Inu | 0.876 |
| Name | Correlation |
|---|---|
| Morpho | -0.689 |
| Venice Token | -0.572 |
| Jito | -0.430 |
| Canton | -0.345 |
| Pi Network | -0.283 |
WELFY price is positively correlated with the top 10 coins by market cap with a price of 0.696, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.532.
Currencies that are positively correlated with WELFY 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 WELFY, a move in one direction for WELFY would translate into a move in the opposite direction for the negatively correlated coin.
