Based on today's classical pivot point (P1) with the value of $0.0₅8496, Convo has support levels of $0.0₅8264, $0.0₅7937, and the strongest at $0.0₅7705. Similarly, Convo resistance levels are at $0.0₅8824, $0.0₅9056, and $0.0₅9383.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8264 | |
| S2 | $0.0₅7937 | |
| S3 | $0.0₅7705 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8824 | |
| R2 | $0.0₅9056 | |
| R3 | $0.0₅9383 |
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) | 23.25 | BUY |
| Stoch RSI (14) | 53.03 | NEUTRAL |
| Stochastic Fast (14) | 16.13 | BUY |
| Commodity Channel Index (20) | -83.41 | NEUTRAL |
| Average Directional Index (14) | 44.66 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -83.87 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 24.46 | BUY |
| 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, Convo price was most positively correlated with the price of Render Token (RENDER), Optimism (OP), Internet Computer (ICP), Pendle (PENDLE) and Bittensor (TAO) and most negatively correlated with the price of Chiliz (CHZ), DeXe (DEXE), APENFT (NFT), XDC Network (XDC) and Canton (CC).
| Name | Correlation |
|---|---|
| Render Token | 0.849 |
| Optimism | 0.825 |
| Internet Computer | 0.819 |
| Pendle | 0.818 |
| Bittensor | 0.811 |
| Name | Correlation |
|---|---|
| Chiliz | -0.570 |
| DeXe | -0.333 |
| APENFT | -0.314 |
| XDC Network | -0.288 |
| Canton | -0.239 |
Convo price is positively correlated with the top 10 coins by market cap with a price of 0.471, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.379.
Currencies that are positively correlated with Convo 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 Convo, a move in one direction for Convo would translate into a move in the opposite direction for the negatively correlated coin.
