Based on today's classical pivot point (P1) with the value of $0.001049, Coinweb has support levels of $0.001039, $0.001030, and the strongest at $0.001020. Similarly, Coinweb resistance levels are at $0.001058, $0.001068, and $0.001077.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001039 | |
| S2 | $0.001030 | |
| S3 | $0.001020 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001058 | |
| R2 | $0.001068 | |
| R3 | $0.001077 |
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) | 18.88 | BUY |
| Stoch RSI (14) | 14.22 | BUY |
| Stochastic Fast (14) | 5.71 | BUY |
| Commodity Channel Index (20) | -116.93 | BUY |
| Average Directional Index (14) | 67.64 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -94.29 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 33.36 | 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, Coinweb price was most positively correlated with the price of Aptos (APT), Decred (DCR), Kaspa (KAS), Immutable X (IMX) and Hyperliquid (HYPE) and most negatively correlated with the price of Algorand (ALGO), Bitcoin SV (BSV), Monad (MON), Pyth Network (PYTH) and Render Token (RENDER).
| Name | Correlation |
|---|---|
| Aptos | 0.557 |
| Decred | 0.511 |
| Kaspa | 0.505 |
| Immutable X | 0.501 |
| Hyperliquid | 0.494 |
| Name | Correlation |
|---|---|
| Algorand | -0.492 |
| Bitcoin SV | -0.485 |
| Monad | -0.478 |
| Pyth Network | -0.474 |
| Render Token | -0.464 |
Coinweb price is positively correlated with the top 10 coins by market cap with a price of 0.100, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.088.
Currencies that are positively correlated with Coinweb 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 Coinweb, a move in one direction for Coinweb would translate into a move in the opposite direction for the negatively correlated coin.
