Based on today's classical pivot point (P1) with the value of $0.1741, Solend has support levels of $0.1709, $0.1692, and the strongest at $0.1660. Similarly, Solend resistance levels are at $0.1758, $0.1789, and $0.1806.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1709 | |
| S2 | $0.1692 | |
| S3 | $0.1660 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1758 | |
| R2 | $0.1789 | |
| R3 | $0.1806 |
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) | 36.99 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 1.79 | BUY |
| Commodity Channel Index (20) | -298.96 | BUY |
| Average Directional Index (14) | 10.48 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -98.21 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 50.23 | NEUTRAL |
| VWMA (10) | 0.18 | SELL |
| Hull Moving Average (9) | 0.18 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.18 | NEUTRAL |
Over the past 7 days, Solend price was most positively correlated with the price of Polkadot (DOT), Immutable X (IMX), Monero (XMR), APENFT (NFT) and Flare (FLR) and most negatively correlated with the price of Monad (MON), Render Token (RENDER), Stellar (XLM), Beldex (BDX) and Bonk (BONK).
| Name | Correlation |
|---|---|
| Polkadot | 0.420 |
| Immutable X | 0.389 |
| Monero | 0.363 |
| APENFT | 0.360 |
| Flare | 0.294 |
| Name | Correlation |
|---|---|
| Monad | -0.805 |
| Render Token | -0.701 |
| Stellar | -0.694 |
| Beldex | -0.686 |
| Bonk | -0.661 |
Solend price is negatively correlated with the top 10 coins by market cap with a price of -0.225, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.206.
Currencies that are positively correlated with Solend 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 Solend, a move in one direction for Solend would translate into a move in the opposite direction for the negatively correlated coin.
