Based on today's classical pivot point (P1) with the value of $0.0₆8643, Nitro has support levels of $0.0₆7832, $0.0₆7418, and the strongest at $0.0₆6608. Similarly, Nitro resistance levels are at $0.0₆9056, $0.0₆9867, and $0.0₅1028.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆7832 | |
| S2 | $0.0₆7418 | |
| S3 | $0.0₆6608 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆9056 | |
| R2 | $0.0₆9867 | |
| R3 | $0.0₅1028 |
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) | 39.22 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.82 | BUY |
| Commodity Channel Index (20) | -120.46 | BUY |
| Average Directional Index (14) | 17.10 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -99.18 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 42.60 | 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, Nitro price was most positively correlated with the price of Immutable X (IMX), Mantle (MNT), KuCoin Token (KCS), Quant (QNT) and Nexo (NEXO) and most negatively correlated with the price of Beldex (BDX), DeXe (DEXE), Aave (AAVE), Sei (SEI) and Jupiter (JUP).
| Name | Correlation |
|---|---|
| Immutable X | 0.623 |
| Mantle | 0.606 |
| KuCoin Token | 0.576 |
| Quant | 0.566 |
| Nexo | 0.565 |
| Name | Correlation |
|---|---|
| Beldex | -0.568 |
| DeXe | -0.393 |
| Aave | -0.331 |
| Sei | -0.183 |
| Jupiter | -0.043 |
Nitro price is positively correlated with the top 10 coins by market cap with a price of 0.291, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.333.
Currencies that are positively correlated with Nitro 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 Nitro, a move in one direction for Nitro would translate into a move in the opposite direction for the negatively correlated coin.
