Based on today's classical pivot point (P1) with the value of $0.2116, Colend has support levels of $0.1963, $0.1846, and the strongest at $0.1693. Similarly, Colend resistance levels are at $0.2232, $0.2385, and $0.2502.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1963 | |
| S2 | $0.1846 | |
| S3 | $0.1693 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.2232 | |
| R2 | $0.2385 | |
| R3 | $0.2502 |
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) | 52.35 | NEUTRAL |
| Stoch RSI (14) | 31.89 | NEUTRAL |
| Stochastic Fast (14) | 29.48 | NEUTRAL |
| Commodity Channel Index (20) | 27.84 | NEUTRAL |
| Average Directional Index (14) | 30.32 | BUY |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | -0.02 | SELL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -70.52 | NEUTRAL |
| Bull Bear Power (13) | 0.02 | BUY |
| Ultimate Oscillator (7, 14, 28) | 49.06 | NEUTRAL |
| VWMA (10) | 0.21 | BUY |
| Hull Moving Average (9) | 0.18 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.23 | BUY |
Over the past 7 days, Colend price was most positively correlated with the price of Cosmos (ATOM), Morpho (MORPHO), Immutable X (IMX), Worldcoin (WLD) and XDC Network (XDC) and most negatively correlated with the price of Stellar (XLM), Monad (MON), JUST (JST), Sun Token (SUN) and Ethena (ENA).
| Name | Correlation |
|---|---|
| Cosmos | 0.783 |
| Morpho | 0.751 |
| Immutable X | 0.741 |
| Worldcoin | 0.733 |
| XDC Network | 0.713 |
| Name | Correlation |
|---|---|
| Stellar | -0.407 |
| Monad | -0.365 |
| JUST | -0.282 |
| Sun Token | -0.279 |
| Ethena | -0.249 |
Colend price is positively correlated with the top 10 coins by market cap with a price of 0.319, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.310.
Currencies that are positively correlated with Colend 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 Colend, a move in one direction for Colend would translate into a move in the opposite direction for the negatively correlated coin.
