Based on today's classical pivot point (P1) with the value of $1.98, Cosmos has support levels of $1.94, $1.92, and the strongest at $1.88. Similarly, Cosmos resistance levels are at $2.00, $2.03, and $2.06.
| # | Price | Strength |
|---|---|---|
| S1 | $1.94 | |
| S2 | $1.92 | |
| S3 | $1.88 |
| # | Price | Strength |
|---|---|---|
| R1 | $2.00 | |
| R2 | $2.03 | |
| R3 | $2.06 |
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) | 29.38 | BUY |
| Stoch RSI (14) | 29.85 | NEUTRAL |
| Stochastic Fast (14) | 32.80 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 48.82 | SELL |
| Awesome Oscillator (5, 34) | -0.28 | NEUTRAL |
| Momentum (10) | -0.13 | NEUTRAL |
| MACD (12, 26) | 0.01 | NEUTRAL |
| Williams Percent Range (14) | -67.20 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.27 | NEUTRAL |
| VWMA (10) | 1.95 | BUY |
| Hull Moving Average (9) | 1.97 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.15 | NEUTRAL |
Over the past 7 days, Cosmos price was most positively correlated with the price of Aptos (APT), Jupiter (JUP), zkSync (ZK), Immutable X (IMX) and Toncoin (TON) and most negatively correlated with the price of JUST (JST), Trust Wallet Token (TWT), TRON (TRX), Nexo (NEXO) and Mantle (MNT).
| Name | Correlation |
|---|---|
| Aptos | 0.886 |
| Jupiter | 0.864 |
| zkSync | 0.815 |
| Immutable X | 0.800 |
| Toncoin | 0.782 |
| Name | Correlation |
|---|---|
| JUST | -0.473 |
| Trust Wallet Token | -0.372 |
| TRON | -0.300 |
| Nexo | -0.283 |
| Mantle | -0.260 |
Cosmos price is positively correlated with the top 10 coins by market cap with a price of 0.370, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.258.
Currencies that are positively correlated with Cosmos 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 Cosmos, a move in one direction for Cosmos would translate into a move in the opposite direction for the negatively correlated coin.
