Based on today's classical pivot point (P1) with the value of $0.01172, WeFi has support levels of $0.01171, $0.01168, and the strongest at $0.01166. Similarly, WeFi resistance levels are at $0.01175, $0.01177, and $0.01179.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01171 | |
| S2 | $0.01168 | |
| S3 | $0.01166 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01175 | |
| R2 | $0.01177 | |
| R3 | $0.01179 |
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) | 35.65 | NEUTRAL |
| Stoch RSI (14) | 93.38 | SELL |
| Stochastic Fast (14) | 57.24 | NEUTRAL |
| Commodity Channel Index (20) | -52.54 | NEUTRAL |
| Average Directional Index (14) | 81.78 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -42.76 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.49 | 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, WeFi price was most positively correlated with the price of Cronos (CRO), Immutable X (IMX), Algorand (ALGO), Toncoin (TON) and Polkadot (DOT) and most negatively correlated with the price of LEO Token (LEO), TRON (TRX), Chiliz (CHZ), Lido DAO Token (LDO) and Ondo Finance (ONDO).
| Name | Correlation |
|---|---|
| Cronos | 0.529 |
| Immutable X | 0.516 |
| Algorand | 0.512 |
| Toncoin | 0.500 |
| Polkadot | 0.499 |
| Name | Correlation |
|---|---|
| LEO Token | -0.348 |
| TRON | -0.325 |
| Chiliz | -0.306 |
| Lido DAO Token | -0.227 |
| Ondo Finance | -0.214 |
WeFi price is positively correlated with the top 10 coins by market cap with a price of 0.391, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.356.
Currencies that are positively correlated with WeFi 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 WeFi, a move in one direction for WeFi would translate into a move in the opposite direction for the negatively correlated coin.
