Based on today's classical pivot point (P1) with the value of $0.0₅6283, WELFY has support levels of $0.0₅6163, $0.0₅6039, and the strongest at $0.0₅5919. Similarly, WELFY resistance levels are at $0.0₅6406, $0.0₅6526, and $0.0₅6649.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6163 | |
| S2 | $0.0₅6039 | |
| S3 | $0.0₅5919 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6406 | |
| R2 | $0.0₅6526 | |
| R3 | $0.0₅6649 |
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) | 46.04 | NEUTRAL |
| Stoch RSI (14) | 16.27 | BUY |
| Stochastic Fast (14) | 9.52 | BUY |
| Commodity Channel Index (20) | -84.21 | NEUTRAL |
| Average Directional Index (14) | 31.31 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -90.48 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 28.20 | 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, WELFY price was most positively correlated with the price of Solana (SOL), Virtuals Protocol (VIRTUAL), Internet Computer (ICP), Jasmy (JASMY) and Optimism (OP) and most negatively correlated with the price of KAITO (KAITO), OKB (OKB), Morpho (MORPHO), LEO Token (LEO) and Uniswap (UNI).
| Name | Correlation |
|---|---|
| Solana | 0.740 |
| Virtuals Protocol | 0.717 |
| Internet Computer | 0.702 |
| Jasmy | 0.699 |
| Optimism | 0.697 |
| Name | Correlation |
|---|---|
| KAITO | -0.316 |
| OKB | -0.232 |
| Morpho | -0.187 |
| LEO Token | -0.086 |
| Uniswap | -0.067 |
WELFY price is positively correlated with the top 10 coins by market cap with a price of 0.414, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.463.
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.
