Based on today's classical pivot point (P1) with the value of $0.0₆5720, Sommelier has support levels of $0.0₆2835, $0.0₆1124, and the strongest at $-1.761e-7. Similarly, Sommelier resistance levels are at $0.0₆7432, $0.0₅1032, and $0.0₅1203.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2835 | |
| S2 | $0.0₆1124 | |
| S3 | $-1.761e-7 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆7432 | |
| R2 | $0.0₅1032 | |
| R3 | $0.0₅1203 |
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) | 52.22 | NEUTRAL |
| Stoch RSI (14) | 39.15 | NEUTRAL |
| Stochastic Fast (14) | 31.43 | NEUTRAL |
| Commodity Channel Index (20) | 201.19 | SELL |
| Average Directional Index (14) | 28.70 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -68.57 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 54.68 | 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, Sommelier price was most positively correlated with the price of JUST (JST), Cronos (CRO), Curve DAO Token (CRV), Binance Coin (BNB) and Dogecoin (DOGE) and most negatively correlated with the price of Render Token (RENDER), Chiliz (CHZ), Zcash (ZEC), Algorand (ALGO) and Pump.fun (PUMP).
| Name | Correlation |
|---|---|
| JUST | 0.578 |
| Cronos | 0.436 |
| Curve DAO Token | 0.429 |
| Binance Coin | 0.400 |
| Dogecoin | 0.399 |
| Name | Correlation |
|---|---|
| Render Token | -0.676 |
| Chiliz | -0.633 |
| Zcash | -0.624 |
| Algorand | -0.605 |
| Pump.fun | -0.601 |
Sommelier price is negatively correlated with the top 10 coins by market cap with a price of -0.201, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.172.
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.
