Based on today's classical pivot point (P1) with the value of $0.0₅7592, ALP has support levels of $0.0₅7305, $0.0₅7014, and the strongest at $0.0₅6727. Similarly, ALP resistance levels are at $0.0₅7883, $0.0₅8170, and $0.0₅8461.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7305 | |
| S2 | $0.0₅7014 | |
| S3 | $0.0₅6727 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7883 | |
| R2 | $0.0₅8170 | |
| R3 | $0.0₅8461 |
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) | 26.05 | BUY |
| Stoch RSI (14) | 55.41 | NEUTRAL |
| Stochastic Fast (14) | 25.88 | NEUTRAL |
| Commodity Channel Index (20) | -118.51 | BUY |
| Average Directional Index (14) | 58.33 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -74.12 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 20.31 | BUY |
| 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, ALP price was most positively correlated with the price of Flare (FLR), Cronos (CRO), Mantle (MNT), Bitcoin (BTC) and Binance Coin (BNB) and most negatively correlated with the price of TRON (TRX), Sun Token (SUN), Ethena (ENA), Conflux (CFX) and Aerodrome Finance (AERO).
| Name | Correlation |
|---|---|
| Flare | 0.921 |
| Cronos | 0.920 |
| Mantle | 0.913 |
| Bitcoin | 0.901 |
| Binance Coin | 0.901 |
| Name | Correlation |
|---|---|
| TRON | -0.507 |
| Sun Token | -0.484 |
| Ethena | -0.466 |
| Conflux | -0.456 |
| Aerodrome Finance | -0.412 |
ALP price is positively correlated with the top 10 coins by market cap with a price of 0.440, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.523.
Currencies that are positively correlated with ALP 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 ALP, a move in one direction for ALP would translate into a move in the opposite direction for the negatively correlated coin.
