Based on today's classical pivot point (P1) with the value of $0.0₅8016, Entropy has support levels of $0.0₅7831, $0.0₅7524, and the strongest at $0.0₅7339. Similarly, Entropy resistance levels are at $0.0₅8323, $0.0₅8508, and $0.0₅8815.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7831 | |
| S2 | $0.0₅7524 | |
| S3 | $0.0₅7339 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8323 | |
| R2 | $0.0₅8508 | |
| R3 | $0.0₅8815 |
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) | 18.52 | BUY |
| Stoch RSI (14) | 75.99 | NEUTRAL |
| Stochastic Fast (14) | 10.01 | BUY |
| Commodity Channel Index (20) | -54.09 | NEUTRAL |
| Average Directional Index (14) | 52.07 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -89.99 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.91 | 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, Entropy price was most positively correlated with the price of Celestia (TIA), Mantle (MNT), Litecoin (LTC), Aave (AAVE) and PancakeSwap (CAKE) and most negatively correlated with the price of Chiliz (CHZ), DeXe (DEXE), XDC Network (XDC), JUST (JST) and TRON (TRX).
| Name | Correlation |
|---|---|
| Celestia | 0.939 |
| Mantle | 0.931 |
| Litecoin | 0.928 |
| Aave | 0.921 |
| PancakeSwap | 0.908 |
| Name | Correlation |
|---|---|
| Chiliz | -0.578 |
| DeXe | -0.539 |
| XDC Network | -0.266 |
| JUST | -0.187 |
| TRON | -0.057 |
Entropy price is positively correlated with the top 10 coins by market cap with a price of 0.776, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.651.
Currencies that are positively correlated with Entropy 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 Entropy, a move in one direction for Entropy would translate into a move in the opposite direction for the negatively correlated coin.
