Based on today's classical pivot point (P1) with the value of $0.0₅4850, Wen has support levels of $0.0₅4733, $0.0₅4564, and the strongest at $0.0₅4447. Similarly, Wen resistance levels are at $0.0₅5018, $0.0₅5135, and $0.0₅5304.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4733 | |
| S2 | $0.0₅4564 | |
| S3 | $0.0₅4447 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5018 | |
| R2 | $0.0₅5135 | |
| R3 | $0.0₅5304 |
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) | 49.62 | NEUTRAL |
| Stoch RSI (14) | 84.87 | SELL |
| Stochastic Fast (14) | 43.33 | NEUTRAL |
| Commodity Channel Index (20) | 61.40 | NEUTRAL |
| Average Directional Index (14) | 18.38 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -56.67 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 53.04 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Wen price was most positively correlated with the price of Aster (ASTER), Solana (SOL), Bittensor (TAO), Immutable X (IMX) and PancakeSwap (CAKE) and most negatively correlated with the price of Beldex (BDX), DeXe (DEXE), BitTorrent (BTT), Telcoin (TEL) and LayerZero (ZRO).
| Name | Correlation |
|---|---|
| Aster | 0.612 |
| Solana | 0.606 |
| Bittensor | 0.555 |
| Immutable X | 0.541 |
| PancakeSwap | 0.541 |
| Name | Correlation |
|---|---|
| Beldex | -0.510 |
| DeXe | -0.482 |
| BitTorrent | -0.285 |
| Telcoin | -0.251 |
| LayerZero | -0.174 |
Wen price is positively correlated with the top 10 coins by market cap with a price of 0.320, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.306.
Currencies that are positively correlated with Wen 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 Wen, a move in one direction for Wen would translate into a move in the opposite direction for the negatively correlated coin.
