Based on today's classical pivot point (P1) with the value of $0.0₅2965, Pelican has support levels of $0.0₅2881, $0.0₅2813, and the strongest at $0.0₅2729. Similarly, Pelican resistance levels are at $0.0₅3032, $0.0₅3116, and $0.0₅3184.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅2881 | |
| S2 | $0.0₅2813 | |
| S3 | $0.0₅2729 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3032 | |
| R2 | $0.0₅3116 | |
| R3 | $0.0₅3184 |
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) | 73.15 | SELL |
| Stoch RSI (14) | 70.88 | NEUTRAL |
| Stochastic Fast (14) | 65.65 | NEUTRAL |
| Commodity Channel Index (20) | 347.64 | SELL |
| Average Directional Index (14) | 83.73 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -34.35 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 76.39 | SELL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | NEUTRAL | |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Pelican price was most positively correlated with the price of Virtuals Protocol (VIRTUAL), OKB (OKB), TRON (TRX), Terra Classic (LUNC) and Bittensor (TAO) and most negatively correlated with the price of Arbitrum (ARB), LayerZero (ZRO), XDC Network (XDC), NEAR Protocol (NEAR) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Virtuals Protocol | 0.887 |
| OKB | 0.835 |
| TRON | 0.824 |
| Terra Classic | 0.793 |
| Bittensor | 0.791 |
| Name | Correlation |
|---|---|
| Arbitrum | -0.790 |
| LayerZero | -0.621 |
| XDC Network | -0.557 |
| NEAR Protocol | -0.544 |
| DeXe | -0.524 |
Pelican price is negatively correlated with the top 10 coins by market cap with a price of -0.097, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.091.
Currencies that are positively correlated with Pelican 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 Pelican, a move in one direction for Pelican would translate into a move in the opposite direction for the negatively correlated coin.
