Based on today's classical pivot point (P1) with the value of $0.00002640, SOLENG has support levels of $0.00002552, $0.00002401, and the strongest at $0.00002313. Similarly, SOLENG resistance levels are at $0.00002792, $0.00002879, and $0.00003031.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00002552 | |
| S2 | $0.00002401 | |
| S3 | $0.00002313 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00002792 | |
| R2 | $0.00002879 | |
| R3 | $0.00003031 |
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) | 61.96 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 83.67 | SELL |
| Commodity Channel Index (20) | 184.16 | SELL |
| Average Directional Index (14) | 33.14 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -16.33 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 62.77 | NEUTRAL |
| 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, SOLENG price was most positively correlated with the price of TRON (TRX), Sun Token (SUN), Immutable X (IMX), Binance Coin (BNB) and Tezos (XTZ) and most negatively correlated with the price of Venice Token (VVV), Jito (JTO), Gnosis (GNO), Pi Network (PI) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| TRON | 0.881 |
| Sun Token | 0.868 |
| Immutable X | 0.858 |
| Binance Coin | 0.857 |
| Tezos | 0.852 |
| Name | Correlation |
|---|---|
| Venice Token | -0.595 |
| Jito | -0.534 |
| Gnosis | -0.354 |
| Pi Network | -0.270 |
| Morpho | -0.173 |
SOLENG price is positively correlated with the top 10 coins by market cap with a price of 0.676, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.559.
Currencies that are positively correlated with SOLENG 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 SOLENG, a move in one direction for SOLENG would translate into a move in the opposite direction for the negatively correlated coin.
