Based on today's classical pivot point (P1) with the value of $0.004912, Arcona has support levels of $0.004868, $0.004832, and the strongest at $0.004788. Similarly, Arcona resistance levels are at $0.004949, $0.004992, and $0.005029.
| # | Price | Strength |
|---|---|---|
| S1 | $0.004868 | |
| S2 | $0.004832 | |
| S3 | $0.004788 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.004949 | |
| R2 | $0.004992 | |
| R3 | $0.005029 |
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) | 63.25 | NEUTRAL |
| Stoch RSI (14) | 96.20 | SELL |
| Stochastic Fast (14) | 92.68 | SELL |
| Commodity Channel Index (20) | 166.27 | SELL |
| Average Directional Index (14) | 35.87 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -7.32 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 73.17 | SELL |
| 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, Arcona price was most positively correlated with the price of Bonk (BONK), Floki Inu (FLOKI), Immutable X (IMX), Pepe Coin (PEPE) and Midnight (NIGHT) and most negatively correlated with the price of Venice Token (VVV), Jito (JTO), Gnosis (GNO), World Liberty Financial (WLFI) and Canton (CC).
| Name | Correlation |
|---|---|
| Bonk | 0.940 |
| Floki Inu | 0.925 |
| Immutable X | 0.924 |
| Pepe Coin | 0.920 |
| Midnight | 0.909 |
| Name | Correlation |
|---|---|
| Venice Token | -0.707 |
| Jito | -0.584 |
| Gnosis | -0.389 |
| World Liberty Financial | -0.280 |
| Canton | -0.226 |
Arcona price is positively correlated with the top 10 coins by market cap with a price of 0.719, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.605.
Currencies that are positively correlated with Arcona 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 Arcona, a move in one direction for Arcona would translate into a move in the opposite direction for the negatively correlated coin.
