Based on today's classical pivot point (P1) with the value of $0.0₇9083, Web has support levels of $0.0₇8157, $0.0₇7649, and the strongest at $0.0₇6723. Similarly, Web resistance levels are at $0.0₇9591, $0.0₆1052, and $0.0₆1103.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇8157 | |
| S2 | $0.0₇7649 | |
| S3 | $0.0₇6723 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇9591 | |
| R2 | $0.0₆1052 | |
| R3 | $0.0₆1103 |
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) | 47.41 | NEUTRAL |
| Stoch RSI (14) | 1.92 | BUY |
| Stochastic Fast (14) | 19.41 | BUY |
| Commodity Channel Index (20) | -23.40 | NEUTRAL |
| Average Directional Index (14) | 23.97 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -80.59 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 54.47 | 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, Web price was most positively correlated with the price of Internet Computer (ICP), Jupiter (JUP), Midnight (NIGHT), Official Trump (TRUMP) and Ethereum (ETH) and most negatively correlated with the price of Axie Infinity (AXS), Venice Token (VVV), LEO Token (LEO), Canton (CC) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Internet Computer | 0.298 |
| Jupiter | 0.297 |
| Midnight | 0.294 |
| Official Trump | 0.291 |
| Ethereum | 0.288 |
| Name | Correlation |
|---|---|
| Axie Infinity | -0.145 |
| Venice Token | -0.117 |
| LEO Token | -0.101 |
| Canton | -0.100 |
| Beldex | -0.097 |
Web price is positively correlated with the top 10 coins by market cap with a price of 0.052, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.109.
Currencies that are positively correlated with Web 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 Web, a move in one direction for Web would translate into a move in the opposite direction for the negatively correlated coin.
