Based on today's classical pivot point (P1) with the value of $0.0₆5054, WEWECOIN has support levels of $0.0₆4973, $0.0₆4932, and the strongest at $0.0₆4851. Similarly, WEWECOIN resistance levels are at $0.0₆5094, $0.0₆5176, and $0.0₆5216.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆4973 | |
| S2 | $0.0₆4932 | |
| S3 | $0.0₆4851 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆5094 | |
| R2 | $0.0₆5176 | |
| R3 | $0.0₆5216 |
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) | 39.90 | NEUTRAL |
| Stoch RSI (14) | 64.45 | NEUTRAL |
| Stochastic Fast (14) | 21.76 | NEUTRAL |
| Commodity Channel Index (20) | -8.24 | NEUTRAL |
| Average Directional Index (14) | 41.45 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -78.24 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 38.07 | 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, WEWECOIN price was most positively correlated with the price of Morpho (MORPHO), Hyperliquid (HYPE), Pudgy Penguins (PENGU), Bitcoin SV (BSV) and Hedera Hashgraph (HBAR) and most negatively correlated with the price of Canton (CC), Sky (SKY), JUST (JST), Beldex (BDX) and Nexo (NEXO).
| Name | Correlation |
|---|---|
| Morpho | 0.917 |
| Hyperliquid | 0.915 |
| Pudgy Penguins | 0.899 |
| Bitcoin SV | 0.860 |
| Hedera Hashgraph | 0.847 |
| Name | Correlation |
|---|---|
| Canton | -0.234 |
| Sky | -0.132 |
| JUST | -0.104 |
| Beldex | -0.099 |
| Nexo | -0.069 |
WEWECOIN price is positively correlated with the top 10 coins by market cap with a price of 0.565, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.566.
Currencies that are positively correlated with WEWECOIN 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 WEWECOIN, a move in one direction for WEWECOIN would translate into a move in the opposite direction for the negatively correlated coin.
