Based on today's classical pivot point (P1) with the value of $0.008348, Alvara Protocol has support levels of $0.007725, $0.007306, and the strongest at $0.006683. Similarly, Alvara Protocol resistance levels are at $0.008767, $0.009390, and $0.009808.
| # | Price | Strength |
|---|---|---|
| S1 | $0.007725 | |
| S2 | $0.007306 | |
| S3 | $0.006683 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.008767 | |
| R2 | $0.009390 | |
| R3 | $0.009808 |
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) | 47.75 | NEUTRAL |
| Stoch RSI (14) | 9.10 | BUY |
| Stochastic Fast (14) | 26.26 | NEUTRAL |
| Commodity Channel Index (20) | -39.83 | NEUTRAL |
| Average Directional Index (14) | 19.48 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -73.74 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.51 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | SELL |
Over the past 7 days, Alvara Protocol price was most positively correlated with the price of Sun Token (SUN), Stellar (XLM), Official Trump (TRUMP), LayerZero (ZRO) and Immutable X (IMX) and most negatively correlated with the price of Jupiter (JUP), Pi Network (PI), Jasmy (JASMY), Terra Classic (LUNC) and Pudgy Penguins (PENGU).
| Name | Correlation |
|---|---|
| Sun Token | 0.623 |
| Stellar | 0.538 |
| Official Trump | 0.514 |
| LayerZero | 0.511 |
| Immutable X | 0.504 |
| Name | Correlation |
|---|---|
| Jupiter | -0.634 |
| Pi Network | -0.616 |
| Jasmy | -0.607 |
| Terra Classic | -0.591 |
| Pudgy Penguins | -0.587 |
Alvara Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.131, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.080.
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.
