Based on today's classical pivot point (P1) with the value of $0.0₅4024, Wen has support levels of $0.0₅3901, $0.0₅3736, and the strongest at $0.0₅3612. Similarly, Wen resistance levels are at $0.0₅4190, $0.0₅4313, and $0.0₅4478.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3901 | |
| S2 | $0.0₅3736 | |
| S3 | $0.0₅3612 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅4190 | |
| R2 | $0.0₅4313 | |
| R3 | $0.0₅4478 |
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) | 37.89 | NEUTRAL |
| Stoch RSI (14) | 27.55 | NEUTRAL |
| Stochastic Fast (14) | 15.60 | BUY |
| Commodity Channel Index (20) | -218.27 | BUY |
| Average Directional Index (14) | 22.98 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -84.40 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 30.21 | NEUTRAL |
| 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, Wen price was most positively correlated with the price of XDC Network (XDC), Jito (JTO), Cosmos (ATOM), Immutable X (IMX) and Polygon Ecosystem Token (POL) and most negatively correlated with the price of Uniswap (UNI), Decred (DCR), Binance Coin (BNB), LEO Token (LEO) and PancakeSwap (CAKE).
| Name | Correlation |
|---|---|
| XDC Network | 0.945 |
| Jito | 0.911 |
| Cosmos | 0.881 |
| Immutable X | 0.866 |
| Polygon Ecosystem Token | 0.841 |
| Name | Correlation |
|---|---|
| Uniswap | -0.863 |
| Decred | -0.804 |
| Binance Coin | -0.788 |
| LEO Token | -0.620 |
| PancakeSwap | -0.569 |
Wen price is positively correlated with the top 10 coins by market cap with a price of 0.350, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.416.
Currencies that are positively correlated with Wen 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 Wen, a move in one direction for Wen would translate into a move in the opposite direction for the negatively correlated coin.
