Based on today's classical pivot point (P1) with the value of $0.0₈1518, ButWhy has support levels of $0.0₈1474, $0.0₈1446, and the strongest at $0.0₈1402. Similarly, ButWhy resistance levels are at $0.0₈1546, $0.0₈1590, and $0.0₈1617.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₈1474 | |
| S2 | $0.0₈1446 | |
| S3 | $0.0₈1402 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₈1546 | |
| R2 | $0.0₈1590 | |
| R3 | $0.0₈1617 |
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) | 1.13 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -46.24 | NEUTRAL |
| Average Directional Index (14) | 98.32 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.59 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, ButWhy price was most positively correlated with the price of Decred (DCR), IOTA (IOTA), Curve DAO Token (CRV), Polkadot (DOT) and VeChain (VET) and most negatively correlated with the price of JUST (JST), DeXe (DEXE), Sun Token (SUN), TRON (TRX) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Decred | 0.899 |
| IOTA | 0.803 |
| Curve DAO Token | 0.798 |
| Polkadot | 0.797 |
| VeChain | 0.780 |
| Name | Correlation |
|---|---|
| JUST | -0.744 |
| DeXe | -0.742 |
| Sun Token | -0.720 |
| TRON | -0.658 |
| Venice Token | -0.510 |
ButWhy price is positively correlated with the top 10 coins by market cap with a price of 0.624, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.528.
Currencies that are positively correlated with ButWhy 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 ButWhy, a move in one direction for ButWhy would translate into a move in the opposite direction for the negatively correlated coin.
