Market Technical Analysis
ZAR
Average ZAR pairs Combined Trend: 1.125
| Trend | RSI | Beta | ATR% | |
|---|---|---|---|---|
| SOL - | 1.064 | 66.5 | 1.18 | 7.1% |
| AVAX - | 1.093 | 68.4 | 1.56 | 8.8% |
| DOGE - | 1.154 | 72.6 | 1.84 | 8.8% |
| LTC - | 1.07 | 62.7 | 1.01 | 6.1% |
| BNB - | 1.045 | 66.0 | 0.56 | 3.2% |
| TRX - | 1.057 | 70.3 | 0.34 | 3.5% |
| SHIB - | 1.089 | 66.2 | 1.47 | 7.8% |
| XAUT - | 1.001 | 52.7 | -0.07 | 2.2% |
| ETH - | 1.128 | 79.9 | 1.46 | 6.4% |
| LINK - | 1 | 67.6 | 1 | 0% |
| BTC - | 1.018 | 64.4 | 0.54 | 3.4% |
| XRP - | 1.157 | 76.3 | 1.06 | 5.9% |
USDC
Average USDC pairs Combined Trend: 1.15
| Trend | RSI | Beta | ATR% | |
|---|---|---|---|---|
| AVAX - | 1.094 | 68.0 | 1.34 | 8.9% |
| SOL - | 1.065 | 65.9 | 1.05 | 7.2% |
| ETH - | 1.129 | 78.7 | 1.19 | 6.5% |
| BTC - | 1.019 | 64.5 | 0.51 | 3.6% |
| XRP - | 1.159 | 76.3 | 0.89 | 6.0% |
USDT
Average USDT pairs Combined Trend: 1.103
| Trend | RSI | Beta | ATR% | |
|---|---|---|---|---|
| AVAX - | 1.094 | 68.1 | 0.88 | 8.9% |
| WIF - | 1.058 | 58.8 | 1.53 | 14.6% |
| JUP - | 1.074 | 61.8 | 1.09 | 11.1% |
| BOME - | 1.162 | 64.4 | 1.7 | 14.7% |
| PYTH - | 1.104 | 65.6 | 1.17 | 13.1% |
| W - | 1.105 | 63.3 | 1.09 | 12.4% |
| MEME - | 1.083 | 63.6 | 1.5 | 16.3% |
| ORDER - | 1.079 | 60.5 | 0.79 | 10.8% |
| ZRO - | 1.074 | 62.2 | 1.01 | 12.0% |
| AGRI - | 0.978 | 34.6 | 0.1 | 4.7% |
| POPCAT - | 1.068 | 58.9 | 1.32 | 18.0% |
| PNUT - | 1.058 | 58.5 | 2.28 | 17.5% |
| GOAT - | 1.053 | 58.2 | 2.39 | 20.1% |
| NEIRO - | 1.089 | 59.2 | 2.14 | 16.3% |
| SWEAT - | 1.028 | 56.1 | 0.63 | 15.2% |
| S - | 1.077 | 61.5 | 0.97 | 13.3% |
| SOL - | 1.065 | 66.0 | 0.69 | 7.2% |
| BNB - | 1.047 | 66.5 | 0.32 | 3.4% |
| PENGU - | 1.181 | 68.2 | 1.39 | 10.2% |
| LTC - | 1.071 | 62.6 | 0.57 | 6.3% |
| XAUT - | 1.002 | 51.7 | -0.03 | 2.1% |
| SHIB - | 1.091 | 66.3 | 0.79 | 8.0% |
| ETH - | 1.129 | 78.8 | 0.77 | 6.5% |
| LINK - | 1 | 66.2 | 1 | 0% |
| TRX - | 1.058 | 71.0 | 0.2 | 3.4% |
| DOGE - | 1.156 | 72.6 | 0.92 | 8.9% |
| BTC - | 1.019 | 64.5 | 0.29 | 3.6% |
| TRUMP - | 1.054 | 60.3 | 0.85 | 14.0% |
| XRP - | 1.158 | 76.2 | 0.53 | 6.0% |
Explanation:
Trend is the short-term average market price compared to the long-term average market price of a trading pair. Specifically, it’s the 14-day WMA divided by the 60-day WMA. A value above 1 indicates an uptrend, and below 1 indicates a downtrend.
RSI is the Relative Strength Index of a trading pair. A value of 50 is neutral with above a uptrend, and below a downtrend.
The Combined Trend is the average Trend of all tickers plus normalised average RSI: (avgTrend+((avgRSI/100)+0.5))/2. This shows the general trend of the index, where above 1.1 and below 0.9 indicates extreme trends. Downturn protection is based on this indicator.
Beta is the relative volatility of a trading pair compared to an index. In this case, the index is the grouping (ZAR, USDC, USDT). A low or negative beta suggests an unrelated or inverse correlation with the broader index, 1 indicates the volatility matches the average and higher is more volatile.
And lastly ATR% is the Average True Range divided by the 60-day WMA. This gives the average daily movement of a ticker compared to its price.