Based on today's classical pivot point (P1) with the value of $0.001462, Palu has support levels of $0.001336, $0.001205, and the strongest at $0.001079. Similarly, Palu resistance levels are at $0.001593, $0.001719, and $0.001850.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001336 | |
| S2 | $0.001205 | |
| S3 | $0.001079 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001593 | |
| R2 | $0.001719 | |
| R3 | $0.001850 |
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) | 55.71 | NEUTRAL |
| Stoch RSI (14) | 89.77 | SELL |
| Stochastic Fast (14) | 67.43 | NEUTRAL |
| Commodity Channel Index (20) | 134.38 | SELL |
| Average Directional Index (14) | 31.58 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -32.57 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 53.08 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Palu price was most positively correlated with the price of Sun Token (SUN), Immutable X (IMX), Morpho (MORPHO), Decred (DCR) and Aave (AAVE) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), Gnosis (GNO), KuCoin Token (KCS) and Aerodrome Finance (AERO).
| Name | Correlation |
|---|---|
| Sun Token | 0.542 |
| Immutable X | 0.443 |
| Morpho | 0.433 |
| Decred | 0.405 |
| Aave | 0.402 |
| Name | Correlation |
|---|---|
| JUST | -0.256 |
| World Liberty Financial | -0.158 |
| Gnosis | -0.087 |
| KuCoin Token | -0.033 |
| Aerodrome Finance | -0.012 |
Palu price is positively correlated with the top 10 coins by market cap with a price of 0.201, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.228.
Currencies that are positively correlated with Palu 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 Palu, a move in one direction for Palu would translate into a move in the opposite direction for the negatively correlated coin.
