Based on today's classical pivot point (P1) with the value of $0.0₅2239, Peenar has support levels of $0.0₅1972, $0.0₅1830, and the strongest at $0.0₅1563. Similarly, Peenar resistance levels are at $0.0₅2381, $0.0₅2648, and $0.0₅2790.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1972 | |
| S2 | $0.0₅1830 | |
| S3 | $0.0₅1563 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅2381 | |
| R2 | $0.0₅2648 | |
| R3 | $0.0₅2790 |
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) | 0.45 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 4.43 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 54.88 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -95.57 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 4.43 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Peenar price was most positively correlated with the price of Sun Token (SUN), Zebec Network (ZBCN), Tezos (XTZ), Bitget Token (BGB) and Venice Token (VVV) and most negatively correlated with the price of Stellar (XLM), Morpho (MORPHO), Pyth Network (PYTH), Bitcoin SV (BSV) and Bitcoin Cash (BCH).
| Name | Correlation |
|---|---|
| Sun Token | 0.668 |
| Zebec Network | 0.667 |
| Tezos | 0.595 |
| Bitget Token | 0.560 |
| Venice Token | 0.555 |
| Name | Correlation |
|---|---|
| Stellar | -0.745 |
| Morpho | -0.603 |
| Pyth Network | -0.545 |
| Bitcoin SV | -0.527 |
| Bitcoin Cash | -0.516 |
Peenar price is negatively correlated with the top 10 coins by market cap with a price of -0.058, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.161.
Currencies that are positively correlated with Peenar 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 Peenar, a move in one direction for Peenar would translate into a move in the opposite direction for the negatively correlated coin.
