Based on today's classical pivot point (P1) with the value of $0.02228, ICON has support levels of $0.02121, $0.02061, and the strongest at $0.01953. Similarly, ICON resistance levels are at $0.02288, $0.02395, and $0.02455.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02121 | |
| S2 | $0.02061 | |
| S3 | $0.01953 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02288 | |
| R2 | $0.02395 | |
| R3 | $0.02455 |
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) | 32.90 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 4.05 | BUY |
| Commodity Channel Index (20) | -166.27 | BUY |
| Average Directional Index (14) | 14.40 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -95.95 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.36 | NEUTRAL |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.02 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, ICON price was most positively correlated with the price of Immutable X (IMX), Sei (SEI), Cardano (ADA), Official Trump (TRUMP) and Cosmos (ATOM) and most negatively correlated with the price of LayerZero (ZRO), KAITO (KAITO), OKB (OKB), JUST (JST) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Immutable X | 0.935 |
| Sei | 0.914 |
| Cardano | 0.914 |
| Official Trump | 0.914 |
| Cosmos | 0.909 |
| Name | Correlation |
|---|---|
| LayerZero | -0.627 |
| KAITO | -0.569 |
| OKB | -0.564 |
| JUST | -0.354 |
| Shiba Inu | -0.304 |
ICON price is positively correlated with the top 10 coins by market cap with a price of 0.466, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.559.
Currencies that are positively correlated with ICON 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 ICON, a move in one direction for ICON would translate into a move in the opposite direction for the negatively correlated coin.
