Based on today's classical pivot point (P1) with the value of $0.0₁₀8419, WM has support levels of $0.0₁₀8142, $0.0₁₀7846, and the strongest at $0.0₁₀7569. Similarly, WM resistance levels are at $0.0₁₀8714, $0.0₁₀8991, and $0.0₁₀9287.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₀8142 | |
| S2 | $0.0₁₀7846 | |
| S3 | $0.0₁₀7569 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₀8714 | |
| R2 | $0.0₁₀8991 | |
| R3 | $0.0₁₀9287 |
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) | 70.38 | SELL |
| Stoch RSI (14) | 73.63 | NEUTRAL |
| Stochastic Fast (14) | 47.68 | NEUTRAL |
| Commodity Channel Index (20) | 152.85 | SELL |
| Average Directional Index (14) | 42.65 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -52.32 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 56.43 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, WM price was most positively correlated with the price of Flare (FLR), Telcoin (TEL), XDC Network (XDC), DeXe (DEXE) and JUST (JST) and most negatively correlated with the price of Internet Computer (ICP), Filecoin (FIL), Optimism (OP), APENFT (NFT) and Algorand (ALGO).
| Name | Correlation |
|---|---|
| Flare | 0.859 |
| Telcoin | 0.690 |
| XDC Network | 0.685 |
| DeXe | 0.671 |
| JUST | 0.650 |
| Name | Correlation |
|---|---|
| Internet Computer | -0.776 |
| Filecoin | -0.760 |
| Optimism | -0.732 |
| APENFT | -0.723 |
| Algorand | -0.716 |
WM price is negatively correlated with the top 10 coins by market cap with a price of -0.480, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.341.
Currencies that are positively correlated with WM 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 WM, a move in one direction for WM would translate into a move in the opposite direction for the negatively correlated coin.
