Based on today's classical pivot point (P1) with the value of $0.0₆3785, Ligo (Ordinals) has support levels of $0.0₆3487, $0.0₆2984, and the strongest at $0.0₆2686. Similarly, Ligo (Ordinals) resistance levels are at $0.0₆4288, $0.0₆4586, and $0.0₆5089.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3487 | |
| S2 | $0.0₆2984 | |
| S3 | $0.0₆2686 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆4288 | |
| R2 | $0.0₆4586 | |
| R3 | $0.0₆5089 |
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) | 74.09 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 41.03 | NEUTRAL |
| Commodity Channel Index (20) | 149.73 | SELL |
| Average Directional Index (14) | 52.98 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -58.97 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 51.56 | 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, Ligo (Ordinals) price was most positively correlated with the price of Conflux (CFX), Celestia (TIA), Zebec Network (ZBCN), Arbitrum (ARB) and Injective (INJ) and most negatively correlated with the price of JUST (JST), Zcash (ZEC), Decred (DCR), Dash (DASH) and Bittensor (TAO).
| Name | Correlation |
|---|---|
| Conflux | 0.776 |
| Celestia | 0.766 |
| Zebec Network | 0.762 |
| Arbitrum | 0.760 |
| Injective | 0.732 |
| Name | Correlation |
|---|---|
| JUST | -0.666 |
| Zcash | -0.629 |
| Decred | -0.423 |
| Dash | -0.403 |
| Bittensor | -0.313 |
Ligo (Ordinals) price is positively correlated with the top 10 coins by market cap with a price of 0.527, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.420.
Currencies that are positively correlated with Ligo (Ordinals) 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 Ligo (Ordinals), a move in one direction for Ligo (Ordinals) would translate into a move in the opposite direction for the negatively correlated coin.
