Based on today's classical pivot point (P1) with the value of $0.006305, PolySwarm has support levels of $0.006219, $0.006123, and the strongest at $0.006037. Similarly, PolySwarm resistance levels are at $0.006401, $0.006487, and $0.006583.
| # | Price | Strength |
|---|---|---|
| S1 | $0.006219 | |
| S2 | $0.006123 | |
| S3 | $0.006037 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.006401 | |
| R2 | $0.006487 | |
| R3 | $0.006583 |
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) | 37.97 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 11.59 | BUY |
| Commodity Channel Index (20) | -179.19 | BUY |
| Average Directional Index (14) | 28.15 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.41 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 31.67 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, PolySwarm price was most positively correlated with the price of Mantle (MNT), Ethena (ENA), Optimism (OP), Immutable X (IMX) and Sei (SEI) and most negatively correlated with the price of JUST (JST), DeXe (DEXE), LEO Token (LEO), Sun Token (SUN) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Mantle | 0.964 |
| Ethena | 0.957 |
| Optimism | 0.953 |
| Immutable X | 0.945 |
| Sei | 0.944 |
| Name | Correlation |
|---|---|
| JUST | -0.870 |
| DeXe | -0.859 |
| LEO Token | -0.775 |
| Sun Token | -0.769 |
| Pi Network | -0.584 |
PolySwarm price is positively correlated with the top 10 coins by market cap with a price of 0.641, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.614.
Currencies that are positively correlated with PolySwarm 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 PolySwarm, a move in one direction for PolySwarm would translate into a move in the opposite direction for the negatively correlated coin.
