Based on today's classical pivot point (P1) with the value of $0.0₅5948, Wen has support levels of $0.0₅5718, $0.0₅5590, and the strongest at $0.0₅5360. Similarly, Wen resistance levels are at $0.0₅6075, $0.0₅6305, and $0.0₅6433.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5718 | |
| S2 | $0.0₅5590 | |
| S3 | $0.0₅5360 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6075 | |
| R2 | $0.0₅6305 | |
| R3 | $0.0₅6433 |
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) | 49.00 | NEUTRAL |
| Stoch RSI (14) | 14.26 | BUY |
| Stochastic Fast (14) | 12.81 | BUY |
| Commodity Channel Index (20) | -58.69 | NEUTRAL |
| Average Directional Index (14) | 32.14 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.19 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 34.35 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| 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 Ethereum (ETH), Bitcoin (BTC), Ethereum Classic (ETC), LayerZero (ZRO) and Lido DAO Token (LDO) and most negatively correlated with the price of Midnight (NIGHT), Beldex (BDX), Quant (QNT), Terra Classic (LUNC) and OKB (OKB).
| Name | Correlation |
|---|---|
| Ethereum | 0.742 |
| Bitcoin | 0.724 |
| Ethereum Classic | 0.711 |
| LayerZero | 0.705 |
| Lido DAO Token | 0.705 |
| Name | Correlation |
|---|---|
| Midnight | -0.285 |
| Beldex | -0.179 |
| Quant | -0.138 |
| Terra Classic | -0.103 |
| OKB | -0.088 |
Wen price is positively correlated with the top 10 coins by market cap with a price of 0.409, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.386.
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.
