Based on today's classical pivot point (P1) with the value of $0.1023, Phoenix Global has support levels of $0.09703, $0.09184, and the strongest at $0.08656. Similarly, Phoenix Global resistance levels are at $0.1075, $0.1128, and $0.1180.
| # | Price | Strength |
|---|---|---|
| S1 | $0.09703 | |
| S2 | $0.09184 | |
| S3 | $0.08656 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1075 | |
| R2 | $0.1128 | |
| R3 | $0.1180 |
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) | 28.39 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 7.40 | BUY |
| Commodity Channel Index (20) | -124.93 | BUY |
| Average Directional Index (14) | 33.12 | SELL |
| Awesome Oscillator (5, 34) | -0.03 | NEUTRAL |
| Momentum (10) | -0.04 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -92.60 | BUY |
| Bull Bear Power (13) | -0.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 36.62 | NEUTRAL |
| VWMA (10) | 0.12 | SELL |
| Hull Moving Average (9) | 0.10 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.13 | NEUTRAL |
Over the past 7 days, Phoenix Global price was most positively correlated with the price of Polkadot (DOT), Optimism (OP), Flare (FLR), Immutable X (IMX) and Pyth Network (PYTH) and most negatively correlated with the price of DeXe (DEXE), Bittensor (TAO), Beldex (BDX), LEO Token (LEO) and Monad (MON).
| Name | Correlation |
|---|---|
| Polkadot | 0.919 |
| Optimism | 0.907 |
| Flare | 0.900 |
| Immutable X | 0.862 |
| Pyth Network | 0.855 |
| Name | Correlation |
|---|---|
| DeXe | -0.731 |
| Bittensor | -0.709 |
| Beldex | -0.664 |
| LEO Token | -0.637 |
| Monad | -0.582 |
Phoenix Global price is positively correlated with the top 10 coins by market cap with a price of 0.354, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.310.
Currencies that are positively correlated with Phoenix Global 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 Phoenix Global, a move in one direction for Phoenix Global would translate into a move in the opposite direction for the negatively correlated coin.
