Based on today's classical pivot point (P1) with the value of $0.0₇1663, Rake Coin has support levels of $0.0₇1547, $0.0₇1318, and the strongest at $0.0₇1203. Similarly, Rake Coin resistance levels are at $0.0₇1892, $0.0₇2007, and $0.0₇2236.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇1547 | |
| S2 | $0.0₇1318 | |
| S3 | $0.0₇1203 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇1892 | |
| R2 | $0.0₇2007 | |
| R3 | $0.0₇2236 |
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) | 5.47 | BUY |
| Stoch RSI (14) | 14.46 | BUY |
| Stochastic Fast (14) | 4.61 | BUY |
| Commodity Channel Index (20) | -180.59 | BUY |
| Average Directional Index (14) | 42.29 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -95.39 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 4.40 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | -0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Rake Coin price was most positively correlated with the price of Chiliz (CHZ), Bitcoin Cash (BCH), Ethena (ENA), Uniswap (UNI) and APENFT (NFT) and most negatively correlated with the price of Midnight (NIGHT), NEAR Protocol (NEAR), Quant (QNT), Morpho (MORPHO) and Canton (CC).
| Name | Correlation |
|---|---|
| Chiliz | 0.922 |
| Bitcoin Cash | 0.895 |
| Ethena | 0.887 |
| Uniswap | 0.871 |
| APENFT | 0.866 |
| Name | Correlation |
|---|---|
| Midnight | -0.873 |
| NEAR Protocol | -0.773 |
| Quant | -0.754 |
| Morpho | -0.741 |
| Canton | -0.724 |
Rake Coin price is positively correlated with the top 10 coins by market cap with a price of 0.377, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.247.
Currencies that are positively correlated with Rake Coin 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 Rake Coin, a move in one direction for Rake Coin would translate into a move in the opposite direction for the negatively correlated coin.
