Based on today's classical pivot point (P1) with the value of $0.0002535, Tower has support levels of $0.0002456, $0.0002377, and the strongest at $0.0002298. Similarly, Tower resistance levels are at $0.0002613, $0.0002692, and $0.0002770.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0002456 | |
| S2 | $0.0002377 | |
| S3 | $0.0002298 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0002613 | |
| R2 | $0.0002692 | |
| R3 | $0.0002770 |
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) | 35.26 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 11.59 | BUY |
| Commodity Channel Index (20) | -172.36 | BUY |
| Average Directional Index (14) | 20.80 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.41 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.79 | 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, Tower price was most positively correlated with the price of Polkadot (DOT), Optimism (OP), Flare (FLR), Cosmos (ATOM) and Immutable X (IMX) and most negatively correlated with the price of Bittensor (TAO), LEO Token (LEO), Beldex (BDX), DeXe (DEXE) and Monad (MON).
| Name | Correlation |
|---|---|
| Polkadot | 0.959 |
| Optimism | 0.937 |
| Flare | 0.910 |
| Cosmos | 0.899 |
| Immutable X | 0.882 |
| Name | Correlation |
|---|---|
| Bittensor | -0.749 |
| LEO Token | -0.746 |
| Beldex | -0.742 |
| DeXe | -0.634 |
| Monad | -0.551 |
Tower price is positively correlated with the top 10 coins by market cap with a price of 0.377, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.340.
Currencies that are positively correlated with Tower 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 Tower, a move in one direction for Tower would translate into a move in the opposite direction for the negatively correlated coin.
