Based on today's classical pivot point (P1) with the value of $0.004397, Peanut has support levels of $0.004381, $0.004350, and the strongest at $0.004334. Similarly, Peanut resistance levels are at $0.004429, $0.004445, and $0.004476.
| # | Price | Strength |
|---|---|---|
| S1 | $0.004381 | |
| S2 | $0.004350 | |
| S3 | $0.004334 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.004429 | |
| R2 | $0.004445 | |
| R3 | $0.004476 |
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) | 54.10 | NEUTRAL |
| Stoch RSI (14) | 37.38 | NEUTRAL |
| Stochastic Fast (14) | 33.70 | NEUTRAL |
| Commodity Channel Index (20) | -46.57 | NEUTRAL |
| Average Directional Index (14) | 29.77 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -66.30 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.98 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Peanut price was most positively correlated with the price of World Liberty Financial (WLFI), Injective (INJ), NEAR Protocol (NEAR), Immutable X (IMX) and Chainlink (LINK) and most negatively correlated with the price of Beldex (BDX), Ethereum Name Service (ENS), LEO Token (LEO), Tezos (XTZ) and Bitcoin Cash (BCH).
| Name | Correlation |
|---|---|
| World Liberty Financial | 0.582 |
| Injective | 0.542 |
| NEAR Protocol | 0.504 |
| Immutable X | 0.455 |
| Chainlink | 0.447 |
| Name | Correlation |
|---|---|
| Beldex | -0.619 |
| Ethereum Name Service | -0.596 |
| LEO Token | -0.549 |
| Tezos | -0.543 |
| Bitcoin Cash | -0.538 |
Peanut price is negatively correlated with the top 10 coins by market cap with a price of -0.226, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.071.
Currencies that are positively correlated with Peanut 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 Peanut, a move in one direction for Peanut would translate into a move in the opposite direction for the negatively correlated coin.
