Based on today's classical pivot point (P1) with the value of $0.001021, Konnect has support levels of $0.0009229, $0.0008672, and the strongest at $0.0007695. Similarly, Konnect resistance levels are at $0.001076, $0.001174, and $0.001230.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0009229 | |
| S2 | $0.0008672 | |
| S3 | $0.0007695 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001076 | |
| R2 | $0.001174 | |
| R3 | $0.001230 |
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) | 24.70 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 2.15 | BUY |
| Commodity Channel Index (20) | -196.63 | BUY |
| Average Directional Index (14) | 29.02 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -97.85 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 26.33 | 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, Konnect price was most positively correlated with the price of Nexo (NEXO), Canton (CC), Ethena (ENA), Aptos (APT) and Immutable X (IMX) and most negatively correlated with the price of Bitcoin SV (BSV), Algorand (ALGO), Zebec Network (ZBCN), Monad (MON) and VeChain (VET).
| Name | Correlation |
|---|---|
| Nexo | 0.879 |
| Canton | 0.877 |
| Ethena | 0.869 |
| Aptos | 0.858 |
| Immutable X | 0.817 |
| Name | Correlation |
|---|---|
| Bitcoin SV | -0.886 |
| Algorand | -0.879 |
| Zebec Network | -0.842 |
| Monad | -0.828 |
| VeChain | -0.815 |
Konnect price is positively correlated with the top 10 coins by market cap with a price of 0.162, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.167.
Currencies that are positively correlated with Konnect 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 Konnect, a move in one direction for Konnect would translate into a move in the opposite direction for the negatively correlated coin.
