Based on today's classical pivot point (P1) with the value of $0.004703, Alvara Protocol has support levels of $0.004566, $0.004306, and the strongest at $0.004169. Similarly, Alvara Protocol resistance levels are at $0.004963, $0.005100, and $0.005360.
| # | Price | Strength |
|---|---|---|
| S1 | $0.004566 | |
| S2 | $0.004306 | |
| S3 | $0.004169 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.004963 | |
| R2 | $0.005100 | |
| R3 | $0.005360 |
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) | 37.00 | NEUTRAL |
| Stoch RSI (14) | 26.60 | NEUTRAL |
| Stochastic Fast (14) | 5.57 | BUY |
| Commodity Channel Index (20) | -66.23 | NEUTRAL |
| Average Directional Index (14) | 22.38 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -94.43 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.31 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Alvara Protocol price was most positively correlated with the price of Mantle (MNT), Sun Token (SUN), TRON (TRX), XDC Network (XDC) and Immutable X (IMX) and most negatively correlated with the price of Jito (JTO), Aave (AAVE), Injective (INJ), Solana (SOL) and Bitcoin SV (BSV).
| Name | Correlation |
|---|---|
| Mantle | 0.876 |
| Sun Token | 0.811 |
| TRON | 0.811 |
| XDC Network | 0.801 |
| Immutable X | 0.793 |
| Name | Correlation |
|---|---|
| Jito | -0.778 |
| Aave | -0.755 |
| Injective | -0.673 |
| Solana | -0.637 |
| Bitcoin SV | -0.596 |
Alvara Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.200, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.274.
Currencies that are positively correlated with Alvara Protocol 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 Alvara Protocol, a move in one direction for Alvara Protocol would translate into a move in the opposite direction for the negatively correlated coin.
