Based on today's classical pivot point (P1) with the value of $0.008426, Loopring has support levels of $0.008192, $0.007806, and the strongest at $0.007572. Similarly, Loopring resistance levels are at $0.008811, $0.009045, and $0.009430.
| # | Price | Strength |
|---|---|---|
| S1 | $0.008192 | |
| S2 | $0.007806 | |
| S3 | $0.007572 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.008811 | |
| R2 | $0.009045 | |
| R3 | $0.009430 |
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) | 36.75 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 37.74 | NEUTRAL |
| Commodity Channel Index (20) | -75.15 | NEUTRAL |
| Average Directional Index (14) | 24.91 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -62.26 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.55 | NEUTRAL |
| VWMA (10) | 0.01 | BUY |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Loopring price was most positively correlated with the price of Sun Token (SUN), Decred (DCR), Immutable X (IMX), Jito (JTO) and Jasmy (JASMY) and most negatively correlated with the price of Venice Token (VVV), LEO Token (LEO), Beldex (BDX), World Liberty Financial (WLFI) and Gnosis (GNO).
| Name | Correlation |
|---|---|
| Sun Token | 0.861 |
| Decred | 0.731 |
| Immutable X | 0.708 |
| Jito | 0.705 |
| Jasmy | 0.691 |
| Name | Correlation |
|---|---|
| Venice Token | -0.369 |
| LEO Token | -0.350 |
| Beldex | -0.273 |
| World Liberty Financial | -0.267 |
| Gnosis | -0.246 |
Loopring price is positively correlated with the top 10 coins by market cap with a price of 0.243, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.218.
Currencies that are positively correlated with Loopring 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 Loopring, a move in one direction for Loopring would translate into a move in the opposite direction for the negatively correlated coin.
