Based on today's classical pivot point (P1) with the value of $0.3157, COCO has support levels of $0.3040, $0.2886, and the strongest at $0.2769. Similarly, COCO resistance levels are at $0.3311, $0.3428, and $0.3582.
| # | Price | Strength |
|---|---|---|
| S1 | $0.3040 | |
| S2 | $0.2886 | |
| S3 | $0.2769 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.3311 | |
| R2 | $0.3428 | |
| R3 | $0.3582 |
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) | 65.28 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 65.07 | NEUTRAL |
| Commodity Channel Index (20) | 22.10 | NEUTRAL |
| Average Directional Index (14) | 66.42 | BUY |
| Awesome Oscillator (5, 34) | 0.03 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -34.93 | NEUTRAL |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 59.58 | NEUTRAL |
| VWMA (10) | 0.32 | SELL |
| Hull Moving Average (9) | 0.32 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.29 | NEUTRAL |
Over the past 7 days, COCO price was most positively correlated with the price of APENFT (NFT), Monad (MON), Immutable X (IMX), Stellar (XLM) and Cronos (CRO) and most negatively correlated with the price of Sun Token (SUN), Canton (CC), Aster (ASTER), Aerodrome Finance (AERO) and Litecoin (LTC).
| Name | Correlation |
|---|---|
| APENFT | 0.418 |
| Monad | 0.406 |
| Immutable X | 0.337 |
| Stellar | 0.326 |
| Cronos | 0.315 |
| Name | Correlation |
|---|---|
| Sun Token | -0.477 |
| Canton | -0.367 |
| Aster | -0.333 |
| Aerodrome Finance | -0.285 |
| Litecoin | -0.267 |
COCO price is negatively correlated with the top 10 coins by market cap with a price of -0.037, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.029.
Currencies that are positively correlated with COCO 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 COCO, a move in one direction for COCO would translate into a move in the opposite direction for the negatively correlated coin.
