Based on today's classical pivot point (P1) with the value of $0.0₁₁6903, Renewable Energy has support levels of $0.0₁₁6235, $0.0₁₁4900, and the strongest at $0.0₁₁4232. Similarly, Renewable Energy resistance levels are at $0.0₁₁8239, $0.0₁₁8907, and $0.0₁₀1024.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₁6235 | |
| S2 | $0.0₁₁4900 | |
| S3 | $0.0₁₁4232 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₁8239 | |
| R2 | $0.0₁₁8907 | |
| R3 | $0.0₁₀1024 |
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) | 75.24 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 100.00 | SELL |
| Commodity Channel Index (20) | 271.84 | SELL |
| Average Directional Index (14) | 16.65 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | 0.00 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 63.80 | 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, Renewable Energy price was most positively correlated with the price of Conflux (CFX), Dogecoin (DOGE), JUST (JST), Injective (INJ) and Binance Coin (BNB) and most negatively correlated with the price of APENFT (NFT), Gnosis (GNO), LayerZero (ZRO), Morpho (MORPHO) and Monero (XMR).
| Name | Correlation |
|---|---|
| Conflux | 0.341 |
| Dogecoin | 0.241 |
| JUST | 0.185 |
| Injective | 0.172 |
| Binance Coin | 0.170 |
| Name | Correlation |
|---|---|
| APENFT | -0.421 |
| Gnosis | -0.402 |
| LayerZero | -0.389 |
| Morpho | -0.378 |
| Monero | -0.368 |
Renewable Energy price is negatively correlated with the top 10 coins by market cap with a price of -0.078, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.106.
Currencies that are positively correlated with Renewable Energy 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 Renewable Energy, a move in one direction for Renewable Energy would translate into a move in the opposite direction for the negatively correlated coin.
