Based on today's classical pivot point (P1) with the value of $0.0₅6830, Elon Musk has support levels of $0.0₅6218, $0.0₅5912, and the strongest at $0.0₅5300. Similarly, Elon Musk resistance levels are at $0.0₅7136, $0.0₅7749, and $0.0₅8055.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6218 | |
| S2 | $0.0₅5912 | |
| S3 | $0.0₅5300 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7136 | |
| R2 | $0.0₅7749 | |
| R3 | $0.0₅8055 |
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) | 22.87 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 37.66 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 3.01 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Elon Musk price was most positively correlated with the price of Ethena (ENA), Lido DAO Token (LDO), Bitcoin (BTC), Chiliz (CHZ) and Toncoin (TON) and most negatively correlated with the price of Midnight (NIGHT), NEAR Protocol (NEAR), Worldcoin (WLD), Morpho (MORPHO) and The Graph (GRT).
| Name | Correlation |
|---|---|
| Ethena | 0.840 |
| Lido DAO Token | 0.824 |
| Bitcoin | 0.800 |
| Chiliz | 0.798 |
| Toncoin | 0.793 |
| Name | Correlation |
|---|---|
| Midnight | -0.624 |
| NEAR Protocol | -0.593 |
| Worldcoin | -0.506 |
| Morpho | -0.474 |
| The Graph | -0.465 |
Elon Musk price is positively correlated with the top 10 coins by market cap with a price of 0.322, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.272.
Currencies that are positively correlated with Elon Musk 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 Elon Musk, a move in one direction for Elon Musk would translate into a move in the opposite direction for the negatively correlated coin.
