Based on today's classical pivot point (P1) with the value of $0.0₁₂4017, COPPER has support levels of $0.0₁₂3793, $0.0₁₂3648, and the strongest at $0.0₁₂3424. Similarly, COPPER resistance levels are at $0.0₁₂4161, $0.0₁₂4385, and $0.0₁₂4529.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₂3793 | |
| S2 | $0.0₁₂3648 | |
| S3 | $0.0₁₂3424 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₂4161 | |
| R2 | $0.0₁₂4385 | |
| R3 | $0.0₁₂4529 |
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) | 50.52 | NEUTRAL |
| Stoch RSI (14) | 78.95 | NEUTRAL |
| Stochastic Fast (14) | 73.32 | NEUTRAL |
| Commodity Channel Index (20) | 72.41 | NEUTRAL |
| Average Directional Index (14) | 12.20 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -26.68 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 53.81 | 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, COPPER price was most positively correlated with the price of TRON (TRX), BitTorrent (BTT), OKB (OKB), Sun Token (SUN) and Midnight (NIGHT) and most negatively correlated with the price of Jito (JTO), XDC Network (XDC), Morpho (MORPHO), Stellar (XLM) and Ondo Finance (ONDO).
| Name | Correlation |
|---|---|
| TRON | 0.776 |
| BitTorrent | 0.751 |
| OKB | 0.708 |
| Sun Token | 0.695 |
| Midnight | 0.550 |
| Name | Correlation |
|---|---|
| Jito | -0.744 |
| XDC Network | -0.620 |
| Morpho | -0.609 |
| Stellar | -0.600 |
| Ondo Finance | -0.591 |
COPPER price is negatively correlated with the top 10 coins by market cap with a price of -0.034, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.114.
Currencies that are positively correlated with COPPER 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 COPPER, a move in one direction for COPPER would translate into a move in the opposite direction for the negatively correlated coin.
