Based on today's classical pivot point (P1) with the value of $0.0008321, Skate has support levels of $0.0008226, $0.0008132, and the strongest at $0.0008037. Similarly, Skate resistance levels are at $0.0008416, $0.0008510, and $0.0008605.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0008226 | |
| S2 | $0.0008132 | |
| S3 | $0.0008037 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0008416 | |
| R2 | $0.0008510 | |
| R3 | $0.0008605 |
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) | 37.03 | NEUTRAL |
| Stoch RSI (14) | 43.59 | NEUTRAL |
| Stochastic Fast (14) | 8.83 | BUY |
| Commodity Channel Index (20) | -128.02 | BUY |
| Average Directional Index (14) | 14.39 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -91.17 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.46 | NEUTRAL |
| 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, Skate price was most positively correlated with the price of Filecoin (FIL), Kaia (KAIA), Immutable X (IMX), Terra Classic (LUNC) and Aerodrome Finance (AERO) and most negatively correlated with the price of XDC Network (XDC), Pi Network (PI), Pump.fun (PUMP), KAITO (KAITO) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Filecoin | 0.835 |
| Kaia | 0.829 |
| Immutable X | 0.809 |
| Terra Classic | 0.808 |
| Aerodrome Finance | 0.764 |
| Name | Correlation |
|---|---|
| XDC Network | -0.843 |
| Pi Network | -0.838 |
| Pump.fun | -0.808 |
| KAITO | -0.778 |
| Sun Token | -0.771 |
Skate price is positively correlated with the top 10 coins by market cap with a price of 0.406, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.177.
Currencies that are positively correlated with Skate 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 Skate, a move in one direction for Skate would translate into a move in the opposite direction for the negatively correlated coin.
