Based on today's classical pivot point (P1) with the value of $0.003044, Solv Protocol has support levels of $0.002824, $0.002695, and the strongest at $0.002475. Similarly, Solv Protocol resistance levels are at $0.003173, $0.003393, and $0.003522.
| # | Price | Strength |
|---|---|---|
| S1 | $0.002824 | |
| S2 | $0.002695 | |
| S3 | $0.002475 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003173 | |
| R2 | $0.003393 | |
| R3 | $0.003522 |
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) | 25.88 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 2.74 | BUY |
| Commodity Channel Index (20) | -103.60 | BUY |
| Average Directional Index (14) | 26.21 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -97.26 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.31 | 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 Jasmy (JASMY), Immutable X (IMX), Polkadot (DOT), NEAR Protocol (NEAR) and APENFT (NFT) and most negatively correlated with the price of TRON (TRX), Lido DAO Token (LDO), Chiliz (CHZ), Midnight (NIGHT) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Jasmy | 0.833 |
| Immutable X | 0.797 |
| Polkadot | 0.779 |
| NEAR Protocol | 0.758 |
| APENFT | 0.755 |
| Name | Correlation |
|---|---|
| TRON | -0.623 |
| Lido DAO Token | -0.474 |
| Chiliz | -0.468 |
| Midnight | -0.343 |
| LEO Token | -0.327 |
Solv Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.532, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.460.
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.
