Based on today's classical pivot point (P1) with the value of $0.001068, bDollar has support levels of $0.001046, $0.001027, and the strongest at $0.001005. Similarly, bDollar resistance levels are at $0.001088, $0.001110, and $0.001129.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001046 | |
| S2 | $0.001027 | |
| S3 | $0.001005 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001088 | |
| R2 | $0.001110 | |
| R3 | $0.001129 |
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) | 51.10 | NEUTRAL |
| Stoch RSI (14) | 80.12 | SELL |
| Stochastic Fast (14) | 5.35 | BUY |
| Commodity Channel Index (20) | -30.33 | NEUTRAL |
| Average Directional Index (14) | 44.64 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -94.65 | BUY |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 10.24 | BUY |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, bDollar price was most positively correlated with the price of Mantle (MNT), Stellar (XLM), Immutable X (IMX), Pyth Network (PYTH) and Ethena (ENA) and most negatively correlated with the price of Sky (SKY), XDC Network (XDC), Morpho (MORPHO), Injective (INJ) and Bitcoin SV (BSV).
| Name | Correlation |
|---|---|
| Mantle | 0.168 |
| Stellar | 0.116 |
| Immutable X | 0.112 |
| Pyth Network | 0.101 |
| Ethena | 0.094 |
| Name | Correlation |
|---|---|
| Sky | -0.109 |
| XDC Network | -0.067 |
| Morpho | -0.064 |
| Injective | -0.039 |
| Bitcoin SV | -0.037 |
bDollar price is positively correlated with the top 10 coins by market cap with a price of 0.019, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.021.
Currencies that are positively correlated with bDollar 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 bDollar, a move in one direction for bDollar would translate into a move in the opposite direction for the negatively correlated coin.
