Based on today's classical pivot point (P1) with the value of $0.03092, OpenEden has support levels of $0.02989, $0.02902, and the strongest at $0.02800. Similarly, OpenEden resistance levels are at $0.03179, $0.03282, and $0.03369.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02989 | |
| S2 | $0.02902 | |
| S3 | $0.02800 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.03179 | |
| R2 | $0.03282 | |
| R3 | $0.03369 |
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) | 37.73 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 5.61 | BUY |
| Commodity Channel Index (20) | -145.66 | BUY |
| Average Directional Index (14) | 27.39 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -94.39 | BUY |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.96 | NEUTRAL |
| VWMA (10) | 0.03 | SELL |
| Hull Moving Average (9) | 0.03 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.04 | NEUTRAL |
Over the past 7 days, OpenEden price was most positively correlated with the price of Polkadot (DOT), Flare (FLR), NEAR Protocol (NEAR), Immutable X (IMX) and Decred (DCR) and most negatively correlated with the price of Bittensor (TAO), TRON (TRX), Venice Token (VVV), Bitcoin Cash (BCH) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Polkadot | 0.907 |
| Flare | 0.873 |
| NEAR Protocol | 0.870 |
| Immutable X | 0.824 |
| Decred | 0.803 |
| Name | Correlation |
|---|---|
| Bittensor | -0.692 |
| TRON | -0.683 |
| Venice Token | -0.672 |
| Bitcoin Cash | -0.665 |
| DeXe | -0.656 |
OpenEden price is positively correlated with the top 10 coins by market cap with a price of 0.211, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.185.
Currencies that are positively correlated with OpenEden 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 OpenEden, a move in one direction for OpenEden would translate into a move in the opposite direction for the negatively correlated coin.
