Based on today's classical pivot point (P1) with the value of $0.3041, SafePal has support levels of $0.3009, $0.2988, and the strongest at $0.2956. Similarly, SafePal resistance levels are at $0.3062, $0.3094, and $0.3115.
| # | Price | Strength |
|---|---|---|
| S1 | $0.3009 | |
| S2 | $0.2988 | |
| S3 | $0.2956 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.3062 | |
| R2 | $0.3094 | |
| R3 | $0.3115 |
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) | 61.46 | NEUTRAL |
| Stoch RSI (14) | 69.25 | NEUTRAL |
| Stochastic Fast (14) | 77.40 | NEUTRAL |
| Commodity Channel Index (20) | 116.29 | SELL |
| Average Directional Index (14) | 24.90 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.02 | NEUTRAL |
| Momentum (10) | 0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -22.60 | NEUTRAL |
| Bull Bear Power (13) | 0.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.32 | NEUTRAL |
| VWMA (10) | 0.29 | BUY |
| Hull Moving Average (9) | 0.29 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.28 | NEUTRAL |
Over the past 7 days, SafePal price was most positively correlated with the price of Toncoin (TON), Bittensor (TAO), Dash (DASH), LayerZero (ZRO) and Aptos (APT) and most negatively correlated with the price of Immutable X (IMX), Polkadot (DOT), Decred (DCR), Optimism (OP) and Bitget Token (BGB).
| Name | Correlation |
|---|---|
| Toncoin | 0.847 |
| Bittensor | 0.825 |
| Dash | 0.824 |
| LayerZero | 0.822 |
| Aptos | 0.765 |
| Name | Correlation |
|---|---|
| Immutable X | -0.689 |
| Polkadot | -0.681 |
| Decred | -0.680 |
| Optimism | -0.635 |
| Bitget Token | -0.548 |
SafePal price is positively correlated with the top 10 coins by market cap with a price of 0.239, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.198.
Currencies that are positively correlated with SafePal 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 SafePal, a move in one direction for SafePal would translate into a move in the opposite direction for the negatively correlated coin.
