Based on today's classical pivot point (P1) with the value of $0.0₅8972, Solano has support levels of $0.0₅8586, $0.0₅8240, and the strongest at $0.0₅7854. Similarly, Solano resistance levels are at $0.0₅9317, $0.0₅9703, and $0.00001005.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8586 | |
| S2 | $0.0₅8240 | |
| S3 | $0.0₅7854 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9317 | |
| R2 | $0.0₅9703 | |
| R3 | $0.00001005 |
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) | 49.95 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 7.88 | BUY |
| Commodity Channel Index (20) | -21.48 | NEUTRAL |
| Average Directional Index (14) | 35.34 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -92.12 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 41.03 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | SELL |
Over the past 7 days, Solano price was most positively correlated with the price of Solana (SOL), Bitcoin (BTC), Gnosis (GNO), Avalanche (AVAX) and Ethereum (ETH) and most negatively correlated with the price of Ondo Finance (ONDO), LEO Token (LEO), DeXe (DEXE), Beldex (BDX) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Solana | 0.844 |
| Bitcoin | 0.833 |
| Gnosis | 0.830 |
| Avalanche | 0.824 |
| Ethereum | 0.824 |
| Name | Correlation |
|---|---|
| Ondo Finance | -0.370 |
| LEO Token | -0.317 |
| DeXe | -0.147 |
| Beldex | -0.113 |
| Midnight | -0.011 |
Solano price is positively correlated with the top 10 coins by market cap with a price of 0.578, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.570.
Currencies that are positively correlated with Solano 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 Solano, a move in one direction for Solano would translate into a move in the opposite direction for the negatively correlated coin.
