Based on today's classical pivot point (P1) with the value of $0.003239, Solv Protocol has support levels of $0.003117, $0.003036, and the strongest at $0.002913. Similarly, Solv Protocol resistance levels are at $0.003320, $0.003443, and $0.003524.
| # | Price | Strength |
|---|---|---|
| S1 | $0.003117 | |
| S2 | $0.003036 | |
| S3 | $0.002913 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003320 | |
| R2 | $0.003443 | |
| R3 | $0.003524 |
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) | 34.88 | NEUTRAL |
| Stoch RSI (14) | 19.49 | BUY |
| Stochastic Fast (14) | 12.96 | BUY |
| Commodity Channel Index (20) | -81.69 | NEUTRAL |
| Average Directional Index (14) | 21.67 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.04 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.84 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Solv Protocol price was most positively correlated with the price of Sui Crypto (SUI), Immutable X (IMX), Shiba Inu (SHIB), Avalanche (AVAX) and Bitcoin (BTC) and most negatively correlated with the price of Stellar (XLM), JUST (JST), Ethena (ENA), Uniswap (UNI) and Algorand (ALGO).
| Name | Correlation |
|---|---|
| Sui Crypto | 0.944 |
| Immutable X | 0.929 |
| Shiba Inu | 0.920 |
| Avalanche | 0.913 |
| Bitcoin | 0.908 |
| Name | Correlation |
|---|---|
| Stellar | -0.057 |
| JUST | -0.015 |
| Ethena | -0.011 |
| Uniswap | 0.072 |
| Algorand | 0.080 |
Solv Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.580, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.566.
Currencies that are positively correlated with Solv Protocol 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 Solv Protocol, a move in one direction for Solv Protocol would translate into a move in the opposite direction for the negatively correlated coin.
