Based on today's classical pivot point (P1) with the value of $226.65, Bittensor has support levels of $219.52, $208.57, and the strongest at $201.43. Similarly, Bittensor resistance levels are at $237.60, $244.74, and $255.69.
| # | Price | Strength |
|---|---|---|
| S1 | $219.52 | |
| S2 | $208.57 | |
| S3 | $201.43 |
| # | Price | Strength |
|---|---|---|
| R1 | $237.60 | |
| R2 | $244.74 | |
| R3 | $255.69 |
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) | 34.81 | NEUTRAL |
| Stoch RSI (14) | 29.96 | NEUTRAL |
| Stochastic Fast (14) | 14.97 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 25.48 | SELL |
| Awesome Oscillator (5, 34) | -41.32 | NEUTRAL |
| Momentum (10) | -72.10 | NEUTRAL |
| MACD (12, 26) | -4.46 | NEUTRAL |
| Williams Percent Range (14) | -85.03 | BUY |
| Ultimate Oscillator (7, 14, 28) | 33.44 | NEUTRAL |
| VWMA (10) | 266.01 | SELL |
| Hull Moving Average (9) | 221.47 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 269.07 | NEUTRAL |
Over the past 7 days, Bittensor price was most positively correlated with the price of Pump.fun (PUMP), PancakeSwap (CAKE), StarkNet (STRK), Sei (SEI) and Immutable X (IMX) and most negatively correlated with the price of Monero (XMR), JUST (JST), Morpho (MORPHO), TRON (TRX) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Pump.fun | 0.993 |
| PancakeSwap | 0.988 |
| StarkNet | 0.985 |
| Sei | 0.983 |
| Immutable X | 0.983 |
| Name | Correlation |
|---|---|
| Monero | -0.679 |
| JUST | -0.675 |
| Morpho | -0.646 |
| TRON | -0.470 |
| Midnight | -0.313 |
Bittensor price is positively correlated with the top 10 coins by market cap with a price of 0.913, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.754.
Currencies that are positively correlated with Bittensor 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 Bittensor, a move in one direction for Bittensor would translate into a move in the opposite direction for the negatively correlated coin.
