Based on today's classical pivot point (P1) with the value of $0.002020, Skey Network has support levels of $0.001987, $0.001966, and the strongest at $0.001932. Similarly, Skey Network resistance levels are at $0.002042, $0.002075, and $0.002097.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001987 | |
| S2 | $0.001966 | |
| S3 | $0.001932 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.002042 | |
| R2 | $0.002075 | |
| R3 | $0.002097 |
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) | 70.85 | SELL |
| Stoch RSI (14) | 86.98 | SELL |
| Stochastic Fast (14) | 90.74 | SELL |
| Commodity Channel Index (20) | 189.38 | SELL |
| Average Directional Index (14) | 25.79 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -9.26 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 71.86 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Skey Network price was most positively correlated with the price of Immutable X (IMX), Jupiter (JUP), Celestia (TIA), Arbitrum (ARB) and Jasmy (JASMY) and most negatively correlated with the price of Pi Network (PI), Dash (DASH), Bitcoin Cash (BCH), Morpho (MORPHO) and Sky (SKY).
| Name | Correlation |
|---|---|
| Immutable X | 0.958 |
| Jupiter | 0.956 |
| Celestia | 0.942 |
| Arbitrum | 0.936 |
| Jasmy | 0.928 |
| Name | Correlation |
|---|---|
| Pi Network | -0.658 |
| Dash | -0.624 |
| Bitcoin Cash | -0.518 |
| Morpho | -0.467 |
| Sky | -0.376 |
Skey Network price is positively correlated with the top 10 coins by market cap with a price of 0.659, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.555.
Currencies that are positively correlated with Skey Network 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 Skey Network, a move in one direction for Skey Network would translate into a move in the opposite direction for the negatively correlated coin.
