Based on today's classical pivot point (P1) with the value of $0.001582, Position Token has support levels of $0.001494, $0.001410, and the strongest at $0.001322. Similarly, Position Token resistance levels are at $0.001666, $0.001754, and $0.001838.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001494 | |
| S2 | $0.001410 | |
| S3 | $0.001322 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001666 | |
| R2 | $0.001754 | |
| R3 | $0.001838 |
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) | 58.62 | NEUTRAL |
| Stoch RSI (14) | 68.29 | NEUTRAL |
| Stochastic Fast (14) | 51.94 | NEUTRAL |
| Commodity Channel Index (20) | 44.64 | NEUTRAL |
| Average Directional Index (14) | 75.83 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -48.06 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.52 | 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, Position Token price was most positively correlated with the price of XDC Network (XDC), Uniswap (UNI), Hedera Hashgraph (HBAR), Immutable X (IMX) and Polkadot (DOT) and most negatively correlated with the price of Chiliz (CHZ), Kaia (KAIA), DeXe (DEXE), Cosmos (ATOM) and TRON (TRX).
| Name | Correlation |
|---|---|
| XDC Network | 0.474 |
| Uniswap | 0.399 |
| Hedera Hashgraph | 0.393 |
| Immutable X | 0.391 |
| Polkadot | 0.390 |
| Name | Correlation |
|---|---|
| Chiliz | -0.331 |
| Kaia | -0.270 |
| DeXe | -0.196 |
| Cosmos | -0.182 |
| TRON | -0.134 |
Position Token price is positively correlated with the top 10 coins by market cap with a price of 0.285, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.267.
Currencies that are positively correlated with Position Token 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 Position Token, a move in one direction for Position Token would translate into a move in the opposite direction for the negatively correlated coin.
