Based on today's classical pivot point (P1) with the value of $0.0₅6254, Blynex has support levels of $0.0₅6198, $0.0₅6125, and the strongest at $0.0₅6068. Similarly, Blynex resistance levels are at $0.0₅6328, $0.0₅6384, and $0.0₅6458.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6198 | |
| S2 | $0.0₅6125 | |
| S3 | $0.0₅6068 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6328 | |
| R2 | $0.0₅6384 | |
| R3 | $0.0₅6458 |
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) | 28.88 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 77.10 | NEUTRAL |
| Commodity Channel Index (20) | -38.18 | NEUTRAL |
| Average Directional Index (14) | 76.53 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -22.90 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 42.29 | NEUTRAL |
| 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, Blynex price was most positively correlated with the price of Ethena (ENA), Worldcoin (WLD), Ondo Finance (ONDO), Jito (JTO) and NEAR Protocol (NEAR) and most negatively correlated with the price of Bitget Token (BGB), Sun Token (SUN), Monad (MON), TRON (TRX) and Aster (ASTER).
| Name | Correlation |
|---|---|
| Ethena | 0.544 |
| Worldcoin | 0.536 |
| Ondo Finance | 0.525 |
| Jito | 0.503 |
| NEAR Protocol | 0.452 |
| Name | Correlation |
|---|---|
| Bitget Token | -0.705 |
| Sun Token | -0.689 |
| Monad | -0.668 |
| TRON | -0.652 |
| Aster | -0.634 |
Blynex price is negatively correlated with the top 10 coins by market cap with a price of -0.552, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.347.
Currencies that are positively correlated with Blynex 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 Blynex, a move in one direction for Blynex would translate into a move in the opposite direction for the negatively correlated coin.
