The current setup is weak or too risky to treat as an attractive buy right now.
In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.
Hermes Protocol support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₅1688 - $0.0₅1852 | |
| Resistance 1 | $0.0₅3336 - $0.0₅3462 | |
| Resistance 2 | $0.0001956 - $0.0001957 | |
| Resistance 3 | $0.0002287 - $0.0002288 | |
| Resistance 4 | $0.0002343 - $0.0002344 | |
| Active 1 | $0.0₅1734 - $0.0₅1898 |
HERMES clears the resistance zone at $0.0₅3336 - $0.0₅3462 and holds above it. That would strengthen the breakout case and shift attention to $0.0001956 - $0.0001957.
HERMES loses the support zone at $0.0₅1688 - $0.0₅1852. That would weaken the setup and open the way toward $0.0₅1688 - $0.0₅1852.
HERMES continues trading between $0.0₅1852 and $0.0₅3336. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0001180 | Bearish | HERMES is trading below the 50-day average. |
| SMA200 | $0.0003374 | Bearish | HERMES remains below the long-term trend line. |
| EMA50 | $0.00009599 | Bearish | HERMES is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.0004414 | Bearish | HERMES is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 17.94 | Oversold | RSI (14) is depressed at 17.94, which suggests downside momentum may be getting exhausted. |
| Stoch RSI (14) | 1.20 | Oversold | Stoch RSI (14) is low at 1.20, which shows momentum is pressing near its recent lower extreme. |
| MACD | -0.00003342 | Bullish | MACD is above its signal line. |
| ATR | 6.81% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.0₅3415 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -47.84 | Neutral | CCI (20) is at -47.84, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-0.00007469 | Bearish | Awesome Oscillator is below zero at $-0.00007469, which supports bearish momentum. |
| Williams Percent Range (14) | -97.94 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -97.94. |
| Bull Bear Power (13) | $-0.000007502 | Bearish | Bull Bear Power (13) is negative at $-0.000007502, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 1.11 | Oversold | Ultimate Oscillator is weak at 1.11, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₅1852 | Bearish | HERMES is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0001022 | Bearish | HERMES is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Hermes Protocol price was most positively correlated with the price of Aptos (APT), Midnight (NIGHT), Quant (QNT), Avalanche (AVAX) and Plasma (XPL) and most negatively correlated with the price of BitTorrent (BTT), Raydium (RAY), Ethereum (ETH), Monero (XMR) and JUST (JST).
| Name | Correlation |
|---|---|
| Aptos | 0.819 |
| Midnight | 0.786 |
| Quant | 0.773 |
| Avalanche | 0.768 |
| Plasma | 0.762 |
| Name | Correlation |
|---|---|
| BitTorrent | -0.811 |
| Raydium | -0.703 |
| Ethereum | -0.671 |
| Monero | -0.661 |
| JUST | -0.658 |
Hermes Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.616, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.339. Currencies that are positively correlated with Hermes 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 Hermes Protocol, a move in one direction for Hermes Protocol would translate into a move in the opposite direction for the negatively correlated coin.
