Based on today's classical pivot point (P1) with the value of $0.02905, Cetus Protocol has support levels of $0.02668, $0.02430, and the strongest at $0.02194. Similarly, Cetus Protocol resistance levels are at $0.03142, $0.03379, and $0.03616.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02668 | |
| S2 | $0.02430 | |
| S3 | $0.02194 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.03142 | |
| R2 | $0.03379 | |
| R3 | $0.03616 |
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) | 66.59 | NEUTRAL |
| Stoch RSI (14) | 73.13 | NEUTRAL |
| Stochastic Fast (14) | 80.97 | SELL |
| Commodity Channel Index (20) | 153.70 | SELL |
| Average Directional Index (14) | 38.71 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -19.03 | SELL |
| Bull Bear Power (13) | 0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 54.31 | NEUTRAL |
| VWMA (10) | 0.03 | BUY |
| Hull Moving Average (9) | 0.03 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Cetus Protocol price was most positively correlated with the price of Bitcoin (BTC), Pudgy Penguins (PENGU), Immutable X (IMX), Sei (SEI) and SPX6900 (SPX) and most negatively correlated with the price of Ethena (ENA), APENFT (NFT), Celestia (TIA), TRON (TRX) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Bitcoin | 0.903 |
| Pudgy Penguins | 0.902 |
| Immutable X | 0.898 |
| Sei | 0.894 |
| SPX6900 | 0.890 |
| Name | Correlation |
|---|---|
| Ethena | -0.730 |
| APENFT | -0.618 |
| Celestia | -0.611 |
| TRON | -0.540 |
| DeXe | -0.531 |
Cetus Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.613, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.402.
Currencies that are positively correlated with Cetus Protocol 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 Cetus Protocol, a move in one direction for Cetus Protocol would translate into a move in the opposite direction for the negatively correlated coin.
