Based on today's classical pivot point (P1) with the value of $0.007180, Zora has support levels of $0.007009, $0.006888, and the strongest at $0.006718. Similarly, Zora resistance levels are at $0.007301, $0.007471, and $0.007592.
| # | Price | Strength |
|---|---|---|
| S1 | $0.007009 | |
| S2 | $0.006888 | |
| S3 | $0.006718 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.007301 | |
| R2 | $0.007471 | |
| R3 | $0.007592 |
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) | 36.05 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 35.52 | NEUTRAL |
| Commodity Channel Index (20) | -65.05 | NEUTRAL |
| Average Directional Index (14) | 21.97 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -64.48 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.10 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Zora price was most positively correlated with the price of Sun Token (SUN), Immutable X (IMX), TRON (TRX), Ethena (ENA) and Cosmos (ATOM) and most negatively correlated with the price of Pyth Network (PYTH), Stellar (XLM), LayerZero (ZRO), Arbitrum (ARB) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Sun Token | 0.887 |
| Immutable X | 0.837 |
| TRON | 0.745 |
| Ethena | 0.723 |
| Cosmos | 0.721 |
| Name | Correlation |
|---|---|
| Pyth Network | -0.585 |
| Stellar | -0.570 |
| LayerZero | -0.479 |
| Arbitrum | -0.458 |
| DeXe | -0.441 |
Zora price is positively correlated with the top 10 coins by market cap with a price of 0.095, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.215.
Currencies that are positively correlated with Zora 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 Zora, a move in one direction for Zora would translate into a move in the opposite direction for the negatively correlated coin.
