Based on today's classical pivot point (P1) with the value of $0.0005526, Chainbing has support levels of $0.0005128, $0.0004339, and the strongest at $0.0003941. Similarly, Chainbing resistance levels are at $0.0006316, $0.0006713, and $0.0007503.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0005128 | |
| S2 | $0.0004339 | |
| S3 | $0.0003941 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0006316 | |
| R2 | $0.0006713 | |
| R3 | $0.0007503 |
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) | 52.10 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 40.45 | NEUTRAL |
| Commodity Channel Index (20) | -190.41 | BUY |
| Average Directional Index (14) | 40.29 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -59.55 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 59.24 | 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, Chainbing price was most positively correlated with the price of Polkadot (DOT), NEAR Protocol (NEAR), Immutable X (IMX), Flare (FLR) and Optimism (OP) and most negatively correlated with the price of TRON (TRX), Monad (MON), LEO Token (LEO), DeXe (DEXE) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Polkadot | 0.336 |
| NEAR Protocol | 0.334 |
| Immutable X | 0.326 |
| Flare | 0.308 |
| Optimism | 0.306 |
| Name | Correlation |
|---|---|
| TRON | -0.333 |
| Monad | -0.300 |
| LEO Token | -0.255 |
| DeXe | -0.241 |
| World Liberty Financial | -0.240 |
Chainbing price is positively correlated with the top 10 coins by market cap with a price of 0.085, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.058.
Currencies that are positively correlated with Chainbing 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 Chainbing, a move in one direction for Chainbing would translate into a move in the opposite direction for the negatively correlated coin.
