Based on today's classical pivot point (P1) with the value of $0.0₅2918, Solcat has support levels of $0.0₅2885, $0.0₅2820, and the strongest at $0.0₅2787. Similarly, Solcat resistance levels are at $0.0₅2983, $0.0₅3016, and $0.0₅3081.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅2885 | |
| S2 | $0.0₅2820 | |
| S3 | $0.0₅2787 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅2983 | |
| R2 | $0.0₅3016 | |
| R3 | $0.0₅3081 |
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) | 48.98 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 100.00 | SELL |
| Commodity Channel Index (20) | 44.54 | NEUTRAL |
| Average Directional Index (14) | 60.96 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | 0.00 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 82.10 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Solcat price was most positively correlated with the price of Aave (AAVE), Jito (JTO), Bitcoin SV (BSV), JUST (JST) and Canton (CC) and most negatively correlated with the price of LayerZero (ZRO), Sky (SKY), TRON (TRX), XDC Network (XDC) and Sun Token (SUN).
| Name | Correlation |
|---|---|
| Aave | 0.883 |
| Jito | 0.873 |
| Bitcoin SV | 0.635 |
| JUST | 0.635 |
| Canton | 0.570 |
| Name | Correlation |
|---|---|
| LayerZero | -0.750 |
| Sky | -0.733 |
| TRON | -0.732 |
| XDC Network | -0.730 |
| Sun Token | -0.726 |
Solcat price is negatively correlated with the top 10 coins by market cap with a price of -0.165, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.292.
Currencies that are positively correlated with Solcat 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 Solcat, a move in one direction for Solcat would translate into a move in the opposite direction for the negatively correlated coin.
