Based on today's classical pivot point (P1) with the value of $0.0₆3923, Chumbi Valley has support levels of $0.0₆3246, $0.0₆1893, and the strongest at $0.0₆1216. Similarly, Chumbi Valley resistance levels are at $0.0₆5276, $0.0₆5953, and $0.0₆7306.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3246 | |
| S2 | $0.0₆1893 | |
| S3 | $0.0₆1216 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆5276 | |
| R2 | $0.0₆5953 | |
| R3 | $0.0₆7306 |
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) | 27.56 | BUY |
| Stoch RSI (14) | 66.84 | NEUTRAL |
| Stochastic Fast (14) | 17.37 | BUY |
| Commodity Channel Index (20) | -89.63 | NEUTRAL |
| Average Directional Index (14) | 46.39 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -82.63 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 25.58 | BUY |
| 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, Chumbi Valley price was most positively correlated with the price of Midnight (NIGHT), Cronos (CRO), Render Token (RENDER), Chiliz (CHZ) and Uniswap (UNI) and most negatively correlated with the price of Quant (QNT), JUST (JST), Zebec Network (ZBCN), DeXe (DEXE) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Midnight | 0.678 |
| Cronos | 0.673 |
| Render Token | 0.650 |
| Chiliz | 0.642 |
| Uniswap | 0.638 |
| Name | Correlation |
|---|---|
| Quant | -0.465 |
| JUST | -0.460 |
| Zebec Network | -0.410 |
| DeXe | -0.331 |
| Pi Network | -0.294 |
Chumbi Valley price is positively correlated with the top 10 coins by market cap with a price of 0.486, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.419.
Currencies that are positively correlated with Chumbi Valley 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 Chumbi Valley, a move in one direction for Chumbi Valley would translate into a move in the opposite direction for the negatively correlated coin.
