Based on today's classical pivot point (P1) with the value of $0.00003841, Chain Talk Daily has support levels of $0.00003726, $0.00003596, and the strongest at $0.00003481. Similarly, Chain Talk Daily resistance levels are at $0.00003970, $0.00004085, and $0.00004215.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00003726 | |
| S2 | $0.00003596 | |
| S3 | $0.00003481 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00003970 | |
| R2 | $0.00004085 | |
| R3 | $0.00004215 |
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) | 32.26 | NEUTRAL |
| Stoch RSI (14) | 14.65 | BUY |
| Stochastic Fast (14) | 11.51 | BUY |
| Commodity Channel Index (20) | -184.29 | BUY |
| Average Directional Index (14) | 35.06 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -88.49 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.40 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Chain Talk Daily price was most positively correlated with the price of Ethena (ENA), Uniswap (UNI), Immutable X (IMX), GateToken (GT) and Binance Coin (BNB) and most negatively correlated with the price of Quant (QNT), Render Token (RENDER), IOTA (IOTA), Algorand (ALGO) and Pyth Network (PYTH).
| Name | Correlation |
|---|---|
| Ethena | 0.829 |
| Uniswap | 0.798 |
| Immutable X | 0.770 |
| GateToken | 0.759 |
| Binance Coin | 0.752 |
| Name | Correlation |
|---|---|
| Quant | -0.905 |
| Render Token | -0.843 |
| IOTA | -0.824 |
| Algorand | -0.813 |
| Pyth Network | -0.784 |
Chain Talk Daily price is positively correlated with the top 10 coins by market cap with a price of 0.138, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.152.
Currencies that are positively correlated with Chain Talk Daily 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 Chain Talk Daily, a move in one direction for Chain Talk Daily would translate into a move in the opposite direction for the negatively correlated coin.
