Based on today's classical pivot point (P1) with the value of $0.0₆3090, Sommelier has support levels of $0.0₆3071, $0.0₆3033, and the strongest at $0.0₆3014. Similarly, Sommelier resistance levels are at $0.0₆3129, $0.0₆3148, and $0.0₆3186.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3071 | |
| S2 | $0.0₆3033 | |
| S3 | $0.0₆3014 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3129 | |
| R2 | $0.0₆3148 | |
| R3 | $0.0₆3186 |
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) | 41.16 | NEUTRAL |
| Stoch RSI (14) | 4.86 | BUY |
| Stochastic Fast (14) | 3.91 | BUY |
| Commodity Channel Index (20) | -50.51 | NEUTRAL |
| Average Directional Index (14) | 17.52 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -96.09 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 15.69 | BUY |
| 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, Sommelier price was most positively correlated with the price of Gnosis (GNO), Virtuals Protocol (VIRTUAL), Optimism (OP), Pyth Network (PYTH) and Artificial Superintelligence Alliance (FET) and most negatively correlated with the price of JUST (JST), Morpho (MORPHO), Pudgy Penguins (PENGU), Dogecoin (DOGE) and Escoin Token (ELG).
| Name | Correlation |
|---|---|
| Gnosis | 0.595 |
| Virtuals Protocol | 0.511 |
| Optimism | 0.505 |
| Pyth Network | 0.479 |
| Artificial Superintelligence Alliance | 0.476 |
| Name | Correlation |
|---|---|
| JUST | -0.416 |
| Morpho | -0.267 |
| Pudgy Penguins | -0.264 |
| Dogecoin | -0.249 |
| Escoin Token | -0.221 |
Sommelier price is positively correlated with the top 10 coins by market cap with a price of 0.181, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.194.
Currencies that are positively correlated with Sommelier 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 Sommelier, a move in one direction for Sommelier would translate into a move in the opposite direction for the negatively correlated coin.
