Based on today's classical pivot point (P1) with the value of $0.0006102, VLaunch has support levels of $0.0005992, $0.0005936, and the strongest at $0.0005826. Similarly, VLaunch resistance levels are at $0.0006158, $0.0006269, and $0.0006324.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0005992 | |
| S2 | $0.0005936 | |
| S3 | $0.0005826 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0006158 | |
| R2 | $0.0006269 | |
| R3 | $0.0006324 |
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) | 28.92 | BUY |
| Stoch RSI (14) | 33.97 | NEUTRAL |
| Stochastic Fast (14) | 7.00 | BUY |
| Commodity Channel Index (20) | -150.91 | BUY |
| Average Directional Index (14) | 63.35 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -93.00 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 24.36 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, VLaunch price was most positively correlated with the price of Mantle (MNT), Immutable X (IMX), LayerZero (ZRO), Nexo (NEXO) and XDC Network (XDC) and most negatively correlated with the price of Aave (AAVE), Jito (JTO), Beldex (BDX), Jupiter (JUP) and Decred (DCR).
| Name | Correlation |
|---|---|
| Mantle | 0.912 |
| Immutable X | 0.903 |
| LayerZero | 0.891 |
| Nexo | 0.888 |
| XDC Network | 0.887 |
| Name | Correlation |
|---|---|
| Aave | -0.837 |
| Jito | -0.775 |
| Beldex | -0.650 |
| Jupiter | -0.632 |
| Decred | -0.452 |
VLaunch price is positively correlated with the top 10 coins by market cap with a price of 0.406, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.510.
Currencies that are positively correlated with VLaunch 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 VLaunch, a move in one direction for VLaunch would translate into a move in the opposite direction for the negatively correlated coin.
