Based on today's classical pivot point (P1) with the value of $0.0₅1029, Nitro has support levels of $0.0₆9812, $0.0₆9511, and the strongest at $0.0₆9036. Similarly, Nitro resistance levels are at $0.0₅1059, $0.0₅1106, and $0.0₅1137.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆9812 | |
| S2 | $0.0₆9511 | |
| S3 | $0.0₆9036 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1059 | |
| R2 | $0.0₅1106 | |
| R3 | $0.0₅1137 |
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) | 48.10 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 17.50 | BUY |
| Commodity Channel Index (20) | -4.82 | NEUTRAL |
| Average Directional Index (14) | 25.76 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -82.50 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 40.51 | 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 Conflux (CFX), Stacks (STX), Sui Crypto (SUI), Monad (MON) and VeChain (VET) and most negatively correlated with the price of Shiba Inu (SHIB), LayerZero (ZRO), TRON (TRX), Algorand (ALGO) and Monero (XMR).
| Name | Correlation |
|---|---|
| Conflux | 0.736 |
| Stacks | 0.717 |
| Sui Crypto | 0.702 |
| Monad | 0.699 |
| VeChain | 0.676 |
| Name | Correlation |
|---|---|
| Shiba Inu | -0.424 |
| LayerZero | -0.397 |
| TRON | -0.355 |
| Algorand | -0.319 |
| Monero | -0.318 |
Nitro price is positively correlated with the top 10 coins by market cap with a price of 0.287, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.349.
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.
