Based on today's classical pivot point (P1) with the value of $0.0₆7887, Beercoin has support levels of $0.0₆7262, $0.0₆6844, and the strongest at $0.0₆6219. Similarly, Beercoin resistance levels are at $0.0₆8306, $0.0₆8931, and $0.0₆9349.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆7262 | |
| S2 | $0.0₆6844 | |
| S3 | $0.0₆6219 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆8306 | |
| R2 | $0.0₆8931 | |
| R3 | $0.0₆9349 |
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) | 42.08 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 25.46 | NEUTRAL |
| Commodity Channel Index (20) | -112.58 | BUY |
| Average Directional Index (14) | 20.65 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -74.54 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.45 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Beercoin price was most positively correlated with the price of SPX6900 (SPX), Artificial Superintelligence Alliance (FET), Bitcoin (BTC), Nexo (NEXO) and XRP (XRP) and most negatively correlated with the price of JUST (JST), Pi Network (PI), Pudgy Penguins (PENGU), Terra Classic (LUNC) and Tezos (XTZ).
| Name | Correlation |
|---|---|
| SPX6900 | 0.743 |
| Artificial Superintelligence Alliance | 0.700 |
| Bitcoin | 0.700 |
| Nexo | 0.671 |
| XRP | 0.663 |
| Name | Correlation |
|---|---|
| JUST | -0.535 |
| Pi Network | -0.532 |
| Pudgy Penguins | -0.457 |
| Terra Classic | -0.432 |
| Tezos | -0.342 |
Beercoin price is positively correlated with the top 10 coins by market cap with a price of 0.273, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.347.
Currencies that are positively correlated with Beercoin 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 Beercoin, a move in one direction for Beercoin would translate into a move in the opposite direction for the negatively correlated coin.
