Based on today's classical pivot point (P1) with the value of $0.0₅6410, derp has support levels of $0.0₅6227, $0.0₅6109, and the strongest at $0.0₅5926. Similarly, derp resistance levels are at $0.0₅6528, $0.0₅6711, and $0.0₅6830.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6227 | |
| S2 | $0.0₅6109 | |
| S3 | $0.0₅5926 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6528 | |
| R2 | $0.0₅6711 | |
| R3 | $0.0₅6830 |
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) | 36.05 | NEUTRAL |
| Stoch RSI (14) | 2.52 | BUY |
| Stochastic Fast (14) | 3.87 | BUY |
| Commodity Channel Index (20) | -209.67 | BUY |
| Average Directional Index (14) | 11.17 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -96.13 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.08 | 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, derp price was most positively correlated with the price of Ethena (ENA), Polkadot (DOT), Decred (DCR), Optimism (OP) and Immutable X (IMX) and most negatively correlated with the price of LEO Token (LEO), Bittensor (TAO), Bitcoin Cash (BCH), DeXe (DEXE) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Ethena | 0.769 |
| Polkadot | 0.765 |
| Decred | 0.761 |
| Optimism | 0.726 |
| Immutable X | 0.675 |
| Name | Correlation |
|---|---|
| LEO Token | -0.761 |
| Bittensor | -0.746 |
| Bitcoin Cash | -0.698 |
| DeXe | -0.656 |
| Shiba Inu | -0.640 |
derp price is positively correlated with the top 10 coins by market cap with a price of 0.162, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.176.
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.
