Based on today's classical pivot point (P1) with the value of $0.4816, Oraichain has support levels of $0.4597, $0.4359, and the strongest at $0.4140. Similarly, Oraichain resistance levels are at $0.5054, $0.5273, and $0.5511.
| # | Price | Strength |
|---|---|---|
| S1 | $0.4597 | |
| S2 | $0.4359 | |
| S3 | $0.4140 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.5054 | |
| R2 | $0.5273 | |
| R3 | $0.5511 |
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) | 51.28 | NEUTRAL |
| Stoch RSI (14) | 22.59 | NEUTRAL |
| Stochastic Fast (14) | 42.38 | NEUTRAL |
| Commodity Channel Index (20) | 7.34 | NEUTRAL |
| Average Directional Index (14) | 27.30 | BUY |
| Awesome Oscillator (5, 34) | 0.06 | NEUTRAL |
| Momentum (10) | -0.01 | SELL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -57.62 | NEUTRAL |
| Bull Bear Power (13) | -0.03 | SELL |
| Ultimate Oscillator (7, 14, 28) | 41.46 | NEUTRAL |
| VWMA (10) | 0.51 | SELL |
| Hull Moving Average (9) | 0.51 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.46 | SELL |
Over the past 7 days, Oraichain price was most positively correlated with the price of Hyperliquid (HYPE), LayerZero (ZRO), Immutable X (IMX), Kaspa (KAS) and Conflux (CFX) and most negatively correlated with the price of Zcash (ZEC), LEO Token (LEO), Jupiter (JUP), Sky (SKY) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Hyperliquid | 0.832 |
| LayerZero | 0.698 |
| Immutable X | 0.666 |
| Kaspa | 0.529 |
| Conflux | 0.526 |
| Name | Correlation |
|---|---|
| Zcash | -0.887 |
| LEO Token | -0.813 |
| Jupiter | -0.809 |
| Sky | -0.801 |
| DeXe | -0.766 |
Oraichain price is negatively correlated with the top 10 coins by market cap with a price of -0.137, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.122.
Currencies that are positively correlated with Oraichain 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 Oraichain, a move in one direction for Oraichain would translate into a move in the opposite direction for the negatively correlated coin.
