Based on today's classical pivot point (P1) with the value of $0.006078, Vanar Chain has support levels of $0.005246, $0.004236, and the strongest at $0.003404. Similarly, Vanar Chain resistance levels are at $0.007088, $0.007920, and $0.008930.
| # | Price | Strength |
|---|---|---|
| S1 | $0.005246 | |
| S2 | $0.004236 | |
| S3 | $0.003404 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.007088 | |
| R2 | $0.007920 | |
| R3 | $0.008930 |
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) | 67.03 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 71.15 | NEUTRAL |
| Commodity Channel Index (20) | 326.04 | SELL |
| Average Directional Index (14) | 27.17 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -28.85 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.22 | NEUTRAL |
| VWMA (10) | 0.01 | BUY |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Vanar Chain price was most positively correlated with the price of Cosmos (ATOM), Ethereum Name Service (ENS), Gnosis (GNO), NEAR Protocol (NEAR) and Immutable X (IMX) and most negatively correlated with the price of Morpho (MORPHO), LEO Token (LEO), Decred (DCR), Pi Network (PI) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Cosmos | 0.845 |
| Ethereum Name Service | 0.833 |
| Gnosis | 0.830 |
| NEAR Protocol | 0.827 |
| Immutable X | 0.826 |
| Name | Correlation |
|---|---|
| Morpho | -0.554 |
| LEO Token | -0.368 |
| Decred | -0.349 |
| Pi Network | -0.333 |
| Beldex | -0.132 |
Vanar Chain price is positively correlated with the top 10 coins by market cap with a price of 0.708, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.577.
Currencies that are positively correlated with Vanar Chain 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 Vanar Chain, a move in one direction for Vanar Chain would translate into a move in the opposite direction for the negatively correlated coin.
