Based on today's classical pivot point (P1) with the value of $0.0₅3122, Scala has support levels of $0.0₅3106, $0.0₅3098, and the strongest at $0.0₅3083. Similarly, Scala resistance levels are at $0.0₅3129, $0.0₅3145, and $0.0₅3153.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3106 | |
| S2 | $0.0₅3098 | |
| S3 | $0.0₅3083 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3129 | |
| R2 | $0.0₅3145 | |
| R3 | $0.0₅3153 |
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) | 29.85 | BUY |
| Stoch RSI (14) | 7.18 | BUY |
| Stochastic Fast (14) | 0.26 | BUY |
| Commodity Channel Index (20) | -78.81 | NEUTRAL |
| Average Directional Index (14) | 21.20 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.74 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 28.77 | 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, Scala price was most positively correlated with the price of XDC Network (XDC), Venice Token (VVV), Cosmos (ATOM), Jito (JTO) and Tezos (XTZ) and most negatively correlated with the price of Decred (DCR), Binance Coin (BNB), Uniswap (UNI), PancakeSwap (CAKE) and Cardano (ADA).
| Name | Correlation |
|---|---|
| XDC Network | 0.854 |
| Venice Token | 0.823 |
| Cosmos | 0.769 |
| Jito | 0.759 |
| Tezos | 0.749 |
| Name | Correlation |
|---|---|
| Decred | -0.737 |
| Binance Coin | -0.615 |
| Uniswap | -0.587 |
| PancakeSwap | -0.567 |
| Cardano | -0.552 |
Scala price is positively correlated with the top 10 coins by market cap with a price of 0.395, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.353.
Currencies that are positively correlated with Scala 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 Scala, a move in one direction for Scala would translate into a move in the opposite direction for the negatively correlated coin.
