Based on today's classical pivot point (P1) with the value of $0.0₆4670, Sonik has support levels of $0.0₆4620, $0.0₆4595, and the strongest at $0.0₆4545. Similarly, Sonik resistance levels are at $0.0₆4695, $0.0₆4744, and $0.0₆4770.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆4620 | |
| S2 | $0.0₆4595 | |
| S3 | $0.0₆4545 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆4695 | |
| R2 | $0.0₆4744 | |
| R3 | $0.0₆4770 |
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) | 8.59 | BUY |
| Stoch RSI (14) | 14.99 | BUY |
| Stochastic Fast (14) | 0.10 | BUY |
| Commodity Channel Index (20) | -83.49 | NEUTRAL |
| Average Directional Index (14) | 70.80 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.90 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 19.04 | 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, Sonik price was most positively correlated with the price of XDC Network (XDC), Sun Token (SUN), TRON (TRX), Chiliz (CHZ) and JUST (JST) and most negatively correlated with the price of LEO Token (LEO), Pyth Network (PYTH), Flare (FLR), Gnosis (GNO) and GateToken (GT).
| Name | Correlation |
|---|---|
| XDC Network | 0.647 |
| Sun Token | 0.584 |
| TRON | 0.564 |
| Chiliz | 0.545 |
| JUST | 0.478 |
| Name | Correlation |
|---|---|
| LEO Token | -0.731 |
| Pyth Network | -0.727 |
| Flare | -0.723 |
| Gnosis | -0.715 |
| GateToken | -0.710 |
Sonik price is negatively correlated with the top 10 coins by market cap with a price of -0.418, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.318.
Currencies that are positively correlated with Sonik 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 Sonik, a move in one direction for Sonik would translate into a move in the opposite direction for the negatively correlated coin.
