Based on today's classical pivot point (P1) with the value of $0.0₅6415, PEON has support levels of $0.0₅6240, $0.0₅6150, and the strongest at $0.0₅5975. Similarly, PEON resistance levels are at $0.0₅6505, $0.0₅6680, and $0.0₅6770.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6240 | |
| S2 | $0.0₅6150 | |
| S3 | $0.0₅5975 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6505 | |
| R2 | $0.0₅6680 | |
| R3 | $0.0₅6770 |
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) | 27.75 | BUY |
| Stoch RSI (14) | 81.80 | SELL |
| Stochastic Fast (14) | 28.79 | NEUTRAL |
| Commodity Channel Index (20) | -4.85 | NEUTRAL |
| Average Directional Index (14) | 62.72 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -71.21 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.06 | NEUTRAL |
| 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, PEON price was most positively correlated with the price of Ethereum (ETH), Pi Network (PI), Pudgy Penguins (PENGU), Aptos (APT) and Bitcoin (BTC) and most negatively correlated with the price of Conflux (CFX), Render Token (RENDER), Flare (FLR), Plasma (XPL) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Ethereum | 0.505 |
| Pi Network | 0.502 |
| Pudgy Penguins | 0.476 |
| Aptos | 0.469 |
| Bitcoin | 0.454 |
| Name | Correlation |
|---|---|
| Conflux | -0.499 |
| Render Token | -0.473 |
| Flare | -0.363 |
| Plasma | -0.346 |
| Aave | -0.342 |
PEON price is positively correlated with the top 10 coins by market cap with a price of 0.175, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.061.
Currencies that are positively correlated with PEON 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 PEON, a move in one direction for PEON would translate into a move in the opposite direction for the negatively correlated coin.
