Based on today's classical pivot point (P1) with the value of $0.0₅3465, The Year Of The Snake has support levels of $0.0₅3440, $0.0₅3396, and the strongest at $0.0₅3370. Similarly, The Year Of The Snake resistance levels are at $0.0₅3509, $0.0₅3535, and $0.0₅3579.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3440 | |
| S2 | $0.0₅3396 | |
| S3 | $0.0₅3370 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3509 | |
| R2 | $0.0₅3535 | |
| R3 | $0.0₅3579 |
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) | 60.75 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 94.22 | SELL |
| Commodity Channel Index (20) | 136.17 | SELL |
| Average Directional Index (14) | 42.10 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -5.78 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 63.12 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, The Year Of The Snake price was most positively correlated with the price of Chiliz (CHZ), Polygon Ecosystem Token (POL), GateToken (GT), TRON (TRX) and Injective (INJ) and most negatively correlated with the price of Zcash (ZEC), Dash (DASH), Decred (DCR), LayerZero (ZRO) and Monad (MON).
| Name | Correlation |
|---|---|
| Chiliz | 0.912 |
| Polygon Ecosystem Token | 0.805 |
| GateToken | 0.747 |
| TRON | 0.727 |
| Injective | 0.722 |
| Name | Correlation |
|---|---|
| Zcash | -0.758 |
| Dash | -0.734 |
| Decred | -0.724 |
| LayerZero | -0.563 |
| Monad | -0.521 |
The Year Of The Snake price is positively correlated with the top 10 coins by market cap with a price of 0.261, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.224.
Currencies that are positively correlated with The Year Of The Snake 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 The Year Of The Snake, a move in one direction for The Year Of The Snake would translate into a move in the opposite direction for the negatively correlated coin.
