Based on today's classical pivot point (P1) with the value of $0.0₅7525, NEWM has support levels of $0.0₅5072, $0.0₅3845, and the strongest at $0.0₅1392. Similarly, NEWM resistance levels are at $0.0₅8752, $0.00001120, and $0.00001243.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5072 | |
| S2 | $0.0₅3845 | |
| S3 | $0.0₅1392 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8752 | |
| R2 | $0.00001120 | |
| R3 | $0.00001243 |
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) | 26.08 | BUY |
| Stoch RSI (14) | 34.06 | NEUTRAL |
| Stochastic Fast (14) | 26.50 | NEUTRAL |
| Commodity Channel Index (20) | -171.13 | BUY |
| Average Directional Index (14) | 40.92 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -73.50 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 30.57 | NEUTRAL |
| 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, NEWM price was most positively correlated with the price of Decred (DCR), Story (IP), PancakeSwap (CAKE), Pyth Network (PYTH) and OKB (OKB) and most negatively correlated with the price of TRON (TRX), Sun Token (SUN), DeXe (DEXE), Zebec Network (ZBCN) and Quant (QNT).
| Name | Correlation |
|---|---|
| Decred | 0.765 |
| Story | 0.618 |
| PancakeSwap | 0.590 |
| Pyth Network | 0.574 |
| OKB | 0.546 |
| Name | Correlation |
|---|---|
| TRON | -0.571 |
| Sun Token | -0.562 |
| DeXe | -0.547 |
| Zebec Network | -0.537 |
| Quant | -0.487 |
NEWM price is positively correlated with the top 10 coins by market cap with a price of 0.292, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.259.
Currencies that are positively correlated with NEWM 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 NEWM, a move in one direction for NEWM would translate into a move in the opposite direction for the negatively correlated coin.
