Current price: $ 0.02

24 hours price change: $ -0.000782 (-3.20%)


The Average Directional indicator (or ADX) is a directional trading indicator that is used to identify a technical trend, in this case of the SOLVE. The trend that is being identified, can be both a positive trend as a negative trend in the pricedevelopment of SOLVE.

The ADX was primarily developed for commodities, however it is also in use for stock and currency technical analysis, as well as for SOLVE. In this continuously updated article, we will explain the meaning and current trend of SOLVE. The current ADX analysis is based on the historical prices of SOLVE until June 3rd, 2023.

In the chart below, the strength the trend is drawn, as well as the positive and negative directional indicators. The ADX (Average Directional Index) is the black line. The positive directional indicator (+DI) is the green line, and the negative directional indicator (-DI) is drawn in red.

Price chart for SOLVE from 12/03/2022 until 06/03/2023.

In the chart above, the development of the price for SOLVE is shown for the period from 12/03/2022 until 06/03/2023. This same timeframe has been used in the average directional indicator chart below.

Average directional indicator for SOLVE until 06/03/2023.

In the charts above, you can see the trends of the ADX, +DI and -DI. The current values of these three indicators for the SOLVE are listed in the table below.

SOLVE average directional index 13.47
SOLVE positive directional indicator 44.89
SOLVE negative directional indicator 52.82


Several signals can be gained from the chart above. First of all, the green line gives us an indication of the positive trend. The opposite line, the red one, indicates the negative trend for SOLVE.

When the green line tops the red line, the SOLVE is in a positive trend. However, when the situation turns around, the trend has also changed to a negative trend for SOLVE.

Furthermore, the black line gives the strength of the current trend of SOLVE, both positive and negative. The higher the black line (ADX), the stronger the trend.


The Average Directional Index (ADX) is used to measure the strength or weakness of a trend, not the actual direction. In general, when the positive directional indicator is higher than the negative directional in indicator, the trend of SOLVE is assumed to be positive. An important signal is when the -DI (red line) and +DI (green line) crosses over.

The SOLVE currently follows a negative trend. For SOLVE, the positive directional indicator is 44.89. The value for the negative directional indicator is higher (52.82). This means that the current trend of the SOLVE is negative.

To measure the strength of the current trend, we look at the ADX. The value of the ADX for SOLVE  is 13.47, meaning that the trend is very weak. The ADX for SOLVE does not give us a good indication to start buying or selling SOLVE.

To get a good signal to trade SOLVE, we have to wait until the trend gives us a higher ADX value in the current negative trend.


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: Financial indicators for cryptocurrencies