Based on today's classical pivot point (P1) with the value of $0.02857, KONET has support levels of $0.02732, $0.02661, and the strongest at $0.02536. Similarly, KONET resistance levels are at $0.02927, $0.03052, and $0.03122.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02732 | |
| S2 | $0.02661 | |
| S3 | $0.02536 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02927 | |
| R2 | $0.03052 | |
| R3 | $0.03122 |
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) | 22.17 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 26.14 | NEUTRAL |
| Commodity Channel Index (20) | -124.08 | BUY |
| Average Directional Index (14) | 37.67 | SELL |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -73.86 | NEUTRAL |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 47.27 | NEUTRAL |
| VWMA (10) | 0.03 | SELL |
| Hull Moving Average (9) | 0.03 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.04 | NEUTRAL |
Over the past 7 days, KONET price was most positively correlated with the price of Immutable X (IMX), Cosmos (ATOM), Cronos (CRO), Bittensor (TAO) and Worldcoin (WLD) and most negatively correlated with the price of Morpho (MORPHO), Bitcoin SV (BSV), JUST (JST), Solana (SOL) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Immutable X | 0.849 |
| Cosmos | 0.827 |
| Cronos | 0.817 |
| Bittensor | 0.810 |
| Worldcoin | 0.804 |
| Name | Correlation |
|---|---|
| Morpho | -0.639 |
| Bitcoin SV | -0.551 |
| JUST | -0.551 |
| Solana | -0.543 |
| Aave | -0.519 |
KONET price is positively correlated with the top 10 coins by market cap with a price of 0.251, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.323.
Currencies that are positively correlated with KONET 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 KONET, a move in one direction for KONET would translate into a move in the opposite direction for the negatively correlated coin.
