Based on today's classical pivot point (P1) with the value of $0.0003023, Derp has support levels of $0.0002621, $0.0002420, and the strongest at $0.0002018. Similarly, Derp resistance levels are at $0.0003224, $0.0003626, and $0.0003827.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0002621 | |
| S2 | $0.0002420 | |
| S3 | $0.0002018 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0003224 | |
| R2 | $0.0003626 | |
| R3 | $0.0003827 |
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) | 86.43 | SELL |
| Stoch RSI (14) | 79.66 | NEUTRAL |
| Stochastic Fast (14) | 82.36 | SELL |
| Commodity Channel Index (20) | 134.88 | SELL |
| Average Directional Index (14) | 96.08 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -17.64 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.81 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Derp price was most positively correlated with the price of Pepe Coin (PEPE), Tezos (XTZ), Ethereum (ETH), Aerodrome Finance (AERO) and Immutable X (IMX) and most negatively correlated with the price of Morpho (MORPHO), Venice Token (VVV), Jito (JTO), Zebec Network (ZBCN) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| Pepe Coin | 0.928 |
| Tezos | 0.923 |
| Ethereum | 0.904 |
| Aerodrome Finance | 0.882 |
| Immutable X | 0.882 |
| Name | Correlation |
|---|---|
| Morpho | -0.756 |
| Venice Token | -0.695 |
| Jito | -0.402 |
| Zebec Network | -0.373 |
| Artificial Superintelligence Alliance | -0.361 |
Derp price is positively correlated with the top 10 coins by market cap with a price of 0.583, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.421.
Currencies that are positively correlated with Derp 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 Derp, a move in one direction for Derp would translate into a move in the opposite direction for the negatively correlated coin.
