Based on today's classical pivot point (P1) with the value of $2.44, Venus has support levels of $2.38, $2.34, and the strongest at $2.28. Similarly, Venus resistance levels are at $2.48, $2.53, and $2.57.
| # | Price | Strength |
|---|---|---|
| S1 | $2.38 | |
| S2 | $2.34 | |
| S3 | $2.28 |
| # | Price | Strength |
|---|---|---|
| R1 | $2.48 | |
| R2 | $2.53 | |
| R3 | $2.57 |
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) | 39.55 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 4.20 | BUY |
| Commodity Channel Index (20) | -99.64 | NEUTRAL |
| Average Directional Index (14) | 17.63 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.06 | NEUTRAL |
| Momentum (10) | -0.29 | NEUTRAL |
| MACD (12, 26) | -0.02 | NEUTRAL |
| Williams Percent Range (14) | -95.80 | BUY |
| Bull Bear Power (13) | -0.19 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 36.08 | NEUTRAL |
| VWMA (10) | 2.59 | SELL |
| Hull Moving Average (9) | 2.39 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.50 | NEUTRAL |
Over the past 7 days, Venus price was most positively correlated with the price of Immutable X (IMX), Cosmos (ATOM), Aptos (APT), Worldcoin (WLD) and Polkadot (DOT) and most negatively correlated with the price of Morpho (MORPHO), Aave (AAVE), Bitcoin SV (BSV), JUST (JST) and Solana (SOL).
| Name | Correlation |
|---|---|
| Immutable X | 0.971 |
| Cosmos | 0.953 |
| Aptos | 0.947 |
| Worldcoin | 0.943 |
| Polkadot | 0.938 |
| Name | Correlation |
|---|---|
| Morpho | -0.716 |
| Aave | -0.701 |
| Bitcoin SV | -0.655 |
| JUST | -0.627 |
| Solana | -0.616 |
Venus price is positively correlated with the top 10 coins by market cap with a price of 0.335, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.397.
Currencies that are positively correlated with Venus 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 Venus, a move in one direction for Venus would translate into a move in the opposite direction for the negatively correlated coin.
