Based on today's classical pivot point (P1) with the value of $0.1632, Canton has support levels of $0.1563, $0.1486, and the strongest at $0.1417. Similarly, Canton resistance levels are at $0.1710, $0.1779, and $0.1857.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1563 | |
| S2 | $0.1486 | |
| S3 | $0.1417 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1710 | |
| R2 | $0.1779 | |
| R3 | $0.1857 |
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) | 64.03 | NEUTRAL |
| Stoch RSI (14) | 81.34 | SELL |
| Stochastic Fast (14) | 76.36 | NEUTRAL |
| Commodity Channel Index (20) | 211.09 | SELL |
| Average Directional Index (14) | 31.97 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -23.64 | NEUTRAL |
| Bull Bear Power (13) | 0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 54.05 | NEUTRAL |
| VWMA (10) | 0.15 | BUY |
| Hull Moving Average (9) | 0.16 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.16 | NEUTRAL |
Over the past 7 days, Canton price was most positively correlated with the price of Immutable X (IMX), Flare (FLR), XDC Network (XDC), Zebec Network (ZBCN) and XRP (XRP) and most negatively correlated with the price of Beldex (BDX), Sky (SKY), APENFT (NFT), Toncoin (TON) and Algorand (ALGO).
| Name | Correlation |
|---|---|
| Immutable X | 0.713 |
| Flare | 0.713 |
| XDC Network | 0.710 |
| Zebec Network | 0.688 |
| XRP | 0.681 |
| Name | Correlation |
|---|---|
| Beldex | -0.653 |
| Sky | -0.623 |
| APENFT | -0.551 |
| Toncoin | -0.521 |
| Algorand | -0.502 |
Canton price is positively correlated with the top 10 coins by market cap with a price of 0.023, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.036.
Currencies that are positively correlated with Canton 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 Canton, a move in one direction for Canton would translate into a move in the opposite direction for the negatively correlated coin.
