Based on today's classical pivot point (P1) with the value of $0.0₇4102, Elephant Money has support levels of $0.0₇4029, $0.0₇3952, and the strongest at $0.0₇3879. Similarly, Elephant Money resistance levels are at $0.0₇4179, $0.0₇4252, and $0.0₇4329.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇4029 | |
| S2 | $0.0₇3952 | |
| S3 | $0.0₇3879 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇4179 | |
| R2 | $0.0₇4252 | |
| R3 | $0.0₇4329 |
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) | 50.92 | NEUTRAL |
| Stoch RSI (14) | 61.69 | NEUTRAL |
| Stochastic Fast (14) | 33.34 | NEUTRAL |
| Commodity Channel Index (20) | 19.53 | NEUTRAL |
| Average Directional Index (14) | 33.18 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -66.66 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 30.65 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Elephant Money price was most positively correlated with the price of Bittensor (TAO), Injective (INJ), NEAR Protocol (NEAR), GateToken (GT) and Bonk (BONK) and most negatively correlated with the price of APENFT (NFT), Ethena (ENA), DeXe (DEXE), Hyperliquid (HYPE) and KuCoin Token (KCS).
| Name | Correlation |
|---|---|
| Bittensor | 0.305 |
| Injective | 0.294 |
| NEAR Protocol | 0.290 |
| GateToken | 0.284 |
| Bonk | 0.269 |
| Name | Correlation |
|---|---|
| APENFT | -0.148 |
| Ethena | -0.129 |
| DeXe | -0.099 |
| Hyperliquid | -0.095 |
| KuCoin Token | -0.083 |
Elephant Money price is positively correlated with the top 10 coins by market cap with a price of 0.154, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.125.
Currencies that are positively correlated with Elephant Money 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 Elephant Money, a move in one direction for Elephant Money would translate into a move in the opposite direction for the negatively correlated coin.
