Based on today's classical pivot point (P1) with the value of $0.5624, Solomon has support levels of $0.5492, $0.5292, and the strongest at $0.5160. Similarly, Solomon resistance levels are at $0.5823, $0.5955, and $0.6155.
| # | Price | Strength |
|---|---|---|
| S1 | $0.5492 | |
| S2 | $0.5292 | |
| S3 | $0.5160 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.5823 | |
| R2 | $0.5955 | |
| R3 | $0.6155 |
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) | 58.15 | NEUTRAL |
| Stoch RSI (14) | 51.47 | NEUTRAL |
| Stochastic Fast (14) | 38.94 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 22.62 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | 0.01 | NEUTRAL |
| Williams Percent Range (14) | -61.06 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 50.78 | NEUTRAL |
| VWMA (10) | 0.55 | SELL |
| Hull Moving Average (9) | 0.56 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.55 | NEUTRAL |
Over the past 7 days, Solomon price was most positively correlated with the price of LEO Token (LEO), NEAR Protocol (NEAR), Immutable X (IMX), XDC Network (XDC) and Kaia (KAIA) and most negatively correlated with the price of KuCoin Token (KCS), Nexo (NEXO), Bitget Token (BGB), GateToken (GT) and Toncoin (TON).
| Name | Correlation |
|---|---|
| LEO Token | 0.213 |
| NEAR Protocol | 0.139 |
| Immutable X | 0.121 |
| XDC Network | 0.083 |
| Kaia | 0.051 |
| Name | Correlation |
|---|---|
| KuCoin Token | -0.627 |
| Nexo | -0.580 |
| Bitget Token | -0.567 |
| GateToken | -0.554 |
| Toncoin | -0.544 |
Solomon price is negatively correlated with the top 10 coins by market cap with a price of -0.204, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.223.
Currencies that are positively correlated with Solomon 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 Solomon, a move in one direction for Solomon would translate into a move in the opposite direction for the negatively correlated coin.
