Based on today's classical pivot point (P1) with the value of $0.09406, Avantis has support levels of $0.09087, $0.08734, and the strongest at $0.08414. Similarly, Avantis resistance levels are at $0.09760, $0.1008, and $0.1043.
| # | Price | Strength |
|---|---|---|
| S1 | $0.09087 | |
| S2 | $0.08734 | |
| S3 | $0.08414 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.09760 | |
| R2 | $0.1008 | |
| R3 | $0.1043 |
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) | 32.38 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 14.27 | BUY |
| Commodity Channel Index (20) | -177.44 | BUY |
| Average Directional Index (14) | 19.32 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.02 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -85.73 | BUY |
| Bull Bear Power (13) | -0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.39 | NEUTRAL |
| VWMA (10) | 0.10 | SELL |
| Hull Moving Average (9) | 0.10 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.12 | NEUTRAL |
Over the past 7 days, Avantis price was most positively correlated with the price of Immutable X (IMX), XDC Network (XDC), Mantle (MNT), Nexo (NEXO) and Polkadot (DOT) and most negatively correlated with the price of Aave (AAVE), Jito (JTO), DeXe (DEXE), Beldex (BDX) and Jupiter (JUP).
| Name | Correlation |
|---|---|
| Immutable X | 0.927 |
| XDC Network | 0.901 |
| Mantle | 0.894 |
| Nexo | 0.887 |
| Polkadot | 0.874 |
| Name | Correlation |
|---|---|
| Aave | -0.756 |
| Jito | -0.633 |
| DeXe | -0.593 |
| Beldex | -0.570 |
| Jupiter | -0.373 |
Avantis price is positively correlated with the top 10 coins by market cap with a price of 0.479, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.590.
Currencies that are positively correlated with Avantis 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 Avantis, a move in one direction for Avantis would translate into a move in the opposite direction for the negatively correlated coin.
