Based on today's classical pivot point (P1) with the value of $0.0004431, Nimiq has support levels of $0.0004170, $0.0004020, and the strongest at $0.0003759. Similarly, Nimiq resistance levels are at $0.0004581, $0.0004842, and $0.0004992.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0004170 | |
| S2 | $0.0004020 | |
| S3 | $0.0003759 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0004581 | |
| R2 | $0.0004842 | |
| R3 | $0.0004992 |
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) | 25.18 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 2.10 | BUY |
| Commodity Channel Index (20) | -181.11 | BUY |
| Average Directional Index (14) | 27.04 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -97.90 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 17.86 | 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, Nimiq price was most positively correlated with the price of Kaspa (KAS), Conflux (CFX), Hyperliquid (HYPE), Beldex (BDX) and Immutable X (IMX) and most negatively correlated with the price of DeXe (DEXE), Sky (SKY), Sun Token (SUN), Venice Token (VVV) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Kaspa | 0.869 |
| Conflux | 0.857 |
| Hyperliquid | 0.817 |
| Beldex | 0.791 |
| Immutable X | 0.767 |
| Name | Correlation |
|---|---|
| DeXe | -0.792 |
| Sky | -0.771 |
| Sun Token | -0.748 |
| Venice Token | -0.709 |
| LEO Token | -0.684 |
Nimiq price is positively correlated with the top 10 coins by market cap with a price of 0.171, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.111.
Currencies that are positively correlated with Nimiq 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 Nimiq, a move in one direction for Nimiq would translate into a move in the opposite direction for the negatively correlated coin.
