Market Technical Analysis
ZAR
Average ZAR pairs Combined Trend: 1.022
| Trend | RSI | Beta | ATR% | |
|---|---|---|---|---|
| AVAX - | 1.012 | 49.5 | 1.55 | 8.6% |
| DOGE - | 1.022 | 51.9 | 1.86 | 9.5% |
| XLM - | 1 | 48.8 | 1 | 0% |
| SOL - | 1.022 | 51.7 | 1.23 | 7.1% |
| SHIB - | 1.009 | 51.3 | 1.45 | 8.2% |
| LTC - | 1.033 | 58.6 | 1.02 | 5.8% |
| BNB - | 1.024 | 51.7 | 0.59 | 3.9% |
| XAUT - | 0.991 | 45.8 | -0.06 | 1.8% |
| TRX - | 1.025 | 53.4 | 0.29 | 3.5% |
| ETH - | 1.087 | 61.7 | 1.4 | 6.2% |
| LINK - | 1 | 57.7 | 1 | 0% |
| BTC - | 1.011 | 49.2 | 0.48 | 3.2% |
| XRP - | 1.013 | 51.3 | 1.14 | 6.4% |
USDC
Average USDC pairs Combined Trend: 1.038
| Trend | RSI | Beta | ATR% | |
|---|---|---|---|---|
| AVAX - | 1.018 | 50.6 | 1.32 | 8.8% |
| SOL - | 1.028 | 52.9 | 1.06 | 7.3% |
| ETH - | 1.093 | 62.6 | 1.17 | 6.4% |
| BTC - | 1.017 | 52.3 | 0.43 | 3.4% |
| XRP - | 1.018 | 52.5 | 1.0 | 6.6% |
USDT
Average USDT pairs Combined Trend: 1.017
| Trend | RSI | Beta | ATR% | |
|---|---|---|---|---|
| AVAX - | 1.018 | 50.6 | 0.9 | 8.8% |
| WIF - | 0.991 | 49.5 | 1.54 | 16.2% |
| JUP - | 1.016 | 49.5 | 1.14 | 12.0% |
| BOME - | 1.006 | 50.2 | 1.66 | 16.0% |
| PYTH - | 1.018 | 52.1 | 1.22 | 12.8% |
| W - | 1.024 | 53.0 | 1.12 | 12.3% |
| MEME - | 0.987 | 50.6 | 1.41 | 15.2% |
| ORDER - | 1.053 | 49.6 | 0.82 | 9.8% |
| ZRO - | 1.125 | 60.5 | 0.98 | 12.5% |
| AGRI - | 0.975 | 53.2 | 0.06 | 4.3% |
| POPCAT - | 0.987 | 48.8 | 1.42 | 18.6% |
| PNUT - | 1.01 | 50.3 | 2.15 | 20.3% |
| GOAT - | 0.992 | 48.8 | 2.31 | 24.0% |
| NEIRO - | 1.0 | 50.0 | 2.03 | 20.3% |
| SWEAT - | 0.978 | 43.6 | 0.6 | 13.7% |
| S - | 0.994 | 50.7 | 0.98 | 14.3% |
| XLM - | 1 | 48.9 | 1 | 0% |
| PUMP - | 1 | 50 | 1 | 0% |
| SOL - | 1.028 | 52.9 | 0.74 | 7.3% |
| SHIB - | 1.015 | 52.7 | 0.83 | 8.5% |
| BNB - | 1.03 | 53.8 | 0.35 | 4.0% |
| XAUT - | 0.997 | 52.6 | -0.02 | 1.8% |
| PENGU - | 1.001 | 49.0 | 1.35 | 10.2% |
| LTC - | 1.039 | 59.7 | 0.6 | 6.0% |
| ETH - | 1.093 | 62.6 | 0.76 | 6.4% |
| LINK - | 1 | 58.0 | 1 | 0% |
| DOGE - | 1.028 | 52.6 | 0.99 | 9.7% |
| TRX - | 1.031 | 56.5 | 0.17 | 3.4% |
| BTC - | 1.017 | 52.2 | 0.28 | 3.4% |
| TRUMP - | 0.983 | 46.7 | 0.87 | 11.4% |
| XRP - | 1.018 | 52.4 | 0.6 | 6.6% |
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.