Based on today's classical pivot point (P1) with the value of $0.4121, Waves has support levels of $0.4039, $0.3959, and the strongest at $0.3877. Similarly, Waves resistance levels are at $0.4201, $0.4284, and $0.4363.
| # | Price | Strength |
|---|---|---|
| S1 | $0.4039 | |
| S2 | $0.3959 | |
| S3 | $0.3877 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.4201 | |
| R2 | $0.4284 | |
| R3 | $0.4363 |
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) | 34.30 | NEUTRAL |
| Stoch RSI (14) | 49.26 | NEUTRAL |
| Stochastic Fast (14) | 26.06 | NEUTRAL |
| Commodity Channel Index (20) | -86.62 | NEUTRAL |
| Average Directional Index (14) | 31.12 | SELL |
| Awesome Oscillator (5, 34) | -0.04 | NEUTRAL |
| Momentum (10) | -0.04 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -73.94 | NEUTRAL |
| Bull Bear Power (13) | -0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.31 | NEUTRAL |
| VWMA (10) | 0.41 | SELL |
| Hull Moving Average (9) | 0.40 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.44 | NEUTRAL |
Over the past 7 days, Waves price was most positively correlated with the price of Hyperliquid (HYPE), Immutable X (IMX), Solana (SOL), Pump.fun (PUMP) and Pi Network (PI) and most negatively correlated with the price of JUST (JST), Algorand (ALGO), Venice Token (VVV), Quant (QNT) and IOTA (IOTA).
| Name | Correlation |
|---|---|
| Hyperliquid | 0.885 |
| Immutable X | 0.864 |
| Solana | 0.844 |
| Pump.fun | 0.838 |
| Pi Network | 0.831 |
| Name | Correlation |
|---|---|
| JUST | -0.635 |
| Algorand | -0.616 |
| Venice Token | -0.599 |
| Quant | -0.571 |
| IOTA | -0.534 |
Waves price is positively correlated with the top 10 coins by market cap with a price of 0.382, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.376.
Currencies that are positively correlated with Waves 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 Waves, a move in one direction for Waves would translate into a move in the opposite direction for the negatively correlated coin.
