Based on today's classical pivot point (P1) with the value of $2.36, PancakeSwap has support levels of $2.31, $2.28, and the strongest at $2.23. Similarly, PancakeSwap resistance levels are at $2.40, $2.45, and $2.49.
| # | Price | Strength |
|---|---|---|
| S1 | $2.31 | |
| S2 | $2.28 | |
| S3 | $2.23 |
| # | Price | Strength |
|---|---|---|
| R1 | $2.40 | |
| R2 | $2.45 | |
| R3 | $2.49 |
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) | 55.61 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 80.85 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 16.51 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | 0.15 | NEUTRAL |
| MACD (12, 26) | 0.02 | NEUTRAL |
| Williams Percent Range (14) | -19.15 | SELL |
| Ultimate Oscillator (7, 14, 28) | 49.85 | NEUTRAL |
| VWMA (10) | 2.39 | BUY |
| Hull Moving Average (9) | 2.31 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.39 | NEUTRAL |
Over the past 7 days, PancakeSwap price was most positively correlated with the price of Jupiter (JUP), Cronos (CRO), VeChain (VET), Immutable X (IMX) and SPX6900 (SPX) and most negatively correlated with the price of JUST (JST), Merlin Chain (MERL), UNUS SED LEO (LEO), Quant (QNT) and Monero (XMR).
| Name | Correlation |
|---|---|
| Jupiter | 0.913 |
| Cronos | 0.911 |
| VeChain | 0.900 |
| Immutable X | 0.896 |
| SPX6900 | 0.894 |
| Name | Correlation |
|---|---|
| JUST | -0.560 |
| Merlin Chain | -0.472 |
| UNUS SED LEO | -0.369 |
| Quant | -0.040 |
| Monero | 0.077 |
PancakeSwap price is positively correlated with the top 10 coins by market cap with a price of 0.736, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.698.
Currencies that are positively correlated with PancakeSwap 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 PancakeSwap, a move in one direction for PancakeSwap would translate into a move in the opposite direction for the negatively correlated coin.
