Based on today's classical pivot point (P1) with the value of $0.0₁₂5623, COPPER has support levels of $0.0₁₂5187, $0.0₁₂4969, and the strongest at $0.0₁₂4533. Similarly, COPPER resistance levels are at $0.0₁₂5840, $0.0₁₂6276, and $0.0₁₂6494.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₂5187 | |
| S2 | $0.0₁₂4969 | |
| S3 | $0.0₁₂4533 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₂5840 | |
| R2 | $0.0₁₂6276 | |
| R3 | $0.0₁₂6494 |
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) | 52.32 | NEUTRAL |
| Stoch RSI (14) | 79.95 | NEUTRAL |
| Stochastic Fast (14) | 75.78 | NEUTRAL |
| Commodity Channel Index (20) | 126.11 | SELL |
| Average Directional Index (14) | 13.35 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -24.22 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.23 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| 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 Cronos (CRO), Curve DAO Token (CRV), Injective (INJ), Binance Coin (BNB) and XDC Network (XDC) and most negatively correlated with the price of Sky (SKY), Hyperliquid (HYPE), Dash (DASH), Virtuals Protocol (VIRTUAL) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Cronos | 0.879 |
| Curve DAO Token | 0.848 |
| Injective | 0.847 |
| Binance Coin | 0.823 |
| XDC Network | 0.807 |
| Name | Correlation |
|---|---|
| Sky | -0.808 |
| Hyperliquid | -0.763 |
| Dash | -0.760 |
| Virtuals Protocol | -0.750 |
| Toncoin | -0.712 |
COPPER price is positively correlated with the top 10 coins by market cap with a price of 0.194, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.169.
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.
