Based on today's classical pivot point (P1) with the value of $0.0₁₁6853, Renewable Energy has support levels of $0.0₁₁6824, $0.0₁₁6770, and the strongest at $0.0₁₁6741. Similarly, Renewable Energy resistance levels are at $0.0₁₁6908, $0.0₁₁6937, and $0.0₁₁6992.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₁6824 | |
| S2 | $0.0₁₁6770 | |
| S3 | $0.0₁₁6741 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₁6908 | |
| R2 | $0.0₁₁6937 | |
| R3 | $0.0₁₁6992 |
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) | 72.76 | SELL |
| Stoch RSI (14) | 94.46 | SELL |
| Stochastic Fast (14) | 99.31 | SELL |
| Commodity Channel Index (20) | 61.34 | NEUTRAL |
| Average Directional Index (14) | 61.45 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -0.69 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 71.74 | SELL |
| 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 Monad (MON), Pyth Network (PYTH), Pump.fun (PUMP), Internet Computer (ICP) and XDC Network (XDC) and most negatively correlated with the price of Algorand (ALGO), Midnight (NIGHT), Render Token (RENDER), LEO Token (LEO) and Quant (QNT).
| Name | Correlation |
|---|---|
| Monad | 0.849 |
| Pyth Network | 0.828 |
| Pump.fun | 0.820 |
| Internet Computer | 0.814 |
| XDC Network | 0.813 |
| Name | Correlation |
|---|---|
| Algorand | -0.819 |
| Midnight | -0.805 |
| Render Token | -0.757 |
| LEO Token | -0.709 |
| Quant | -0.703 |
Renewable Energy price is negatively correlated with the top 10 coins by market cap with a price of -0.058, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.117.
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.
