Based on today's classical pivot point (P1) with the value of $0.0₅2820, Peenar has support levels of $0.0₅2630, $0.0₅2401, and the strongest at $0.0₅2211. Similarly, Peenar resistance levels are at $0.0₅3049, $0.0₅3239, and $0.0₅3468.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅2630 | |
| S2 | $0.0₅2401 | |
| S3 | $0.0₅2211 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3049 | |
| R2 | $0.0₅3239 | |
| R3 | $0.0₅3468 |
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) | 67.18 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 79.67 | NEUTRAL |
| Commodity Channel Index (20) | 155.99 | SELL |
| Average Directional Index (14) | 34.73 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -20.33 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 65.73 | 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, Peenar price was most positively correlated with the price of Kaspa (KAS), Ethereum (ETH), Gnosis (GNO), Filecoin (FIL) and Ethereum Name Service (ENS) and most negatively correlated with the price of Morpho (MORPHO), Pi Network (PI), Sky (SKY), Beldex (BDX) and Flare (FLR).
| Name | Correlation |
|---|---|
| Kaspa | 0.932 |
| Ethereum | 0.929 |
| Gnosis | 0.929 |
| Filecoin | 0.928 |
| Ethereum Name Service | 0.926 |
| Name | Correlation |
|---|---|
| Morpho | -0.627 |
| Pi Network | -0.608 |
| Sky | -0.381 |
| Beldex | -0.375 |
| Flare | -0.277 |
Peenar price is positively correlated with the top 10 coins by market cap with a price of 0.820, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.685.
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.
