Based on today's classical pivot point (P1) with the value of $0.0₅7804, Essentia has support levels of $0.0₅7076, $0.0₅6545, and the strongest at $0.0₅5817. Similarly, Essentia resistance levels are at $0.0₅8334, $0.0₅9063, and $0.0₅9593.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7076 | |
| S2 | $0.0₅6545 | |
| S3 | $0.0₅5817 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8334 | |
| R2 | $0.0₅9063 | |
| R3 | $0.0₅9593 |
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) | 27.66 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 20.90 | NEUTRAL |
| Commodity Channel Index (20) | -94.82 | NEUTRAL |
| Average Directional Index (14) | 33.09 | SELL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -79.10 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.27 | NEUTRAL |
| 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, Essentia price was most positively correlated with the price of Decred (DCR), Polkadot (DOT), Immutable X (IMX), Optimism (OP) and Ethena (ENA) and most negatively correlated with the price of Bittensor (TAO), Aptos (APT), LEO Token (LEO), World Liberty Financial (WLFI) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Decred | 0.723 |
| Polkadot | 0.670 |
| Immutable X | 0.610 |
| Optimism | 0.606 |
| Ethena | 0.591 |
| Name | Correlation |
|---|---|
| Bittensor | -0.832 |
| Aptos | -0.783 |
| LEO Token | -0.777 |
| World Liberty Financial | -0.757 |
| Toncoin | -0.736 |
Essentia price is negatively correlated with the top 10 coins by market cap with a price of -0.050, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.038.
Currencies that are positively correlated with Essentia 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 Essentia, a move in one direction for Essentia would translate into a move in the opposite direction for the negatively correlated coin.
