Based on today's classical pivot point (P1) with the value of $0.0₅6427, Hiblocks has support levels of $0.0₅5918, $0.0₅5664, and the strongest at $0.0₅5155. Similarly, Hiblocks resistance levels are at $0.0₅6682, $0.0₅7191, and $0.0₅7445.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5918 | |
| S2 | $0.0₅5664 | |
| S3 | $0.0₅5155 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6682 | |
| R2 | $0.0₅7191 | |
| R3 | $0.0₅7445 |
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) | 48.68 | NEUTRAL |
| Stoch RSI (14) | 8.94 | BUY |
| Stochastic Fast (14) | 7.48 | BUY |
| Commodity Channel Index (20) | -9.17 | NEUTRAL |
| Average Directional Index (14) | 73.12 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -92.52 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 17.40 | BUY |
| 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, Hiblocks price was most positively correlated with the price of Jito (JTO), Plasma (XPL), LayerZero (ZRO), Venice Token (VVV) and Pendle (PENDLE) and most negatively correlated with the price of Decred (DCR), Monero (XMR), Cardano (ADA), Uniswap (UNI) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Jito | 0.759 |
| Plasma | 0.755 |
| LayerZero | 0.752 |
| Venice Token | 0.733 |
| Pendle | 0.721 |
| Name | Correlation |
|---|---|
| Decred | -0.654 |
| Monero | -0.636 |
| Cardano | -0.618 |
| Uniswap | -0.592 |
| Pi Network | -0.574 |
Hiblocks price is positively correlated with the top 10 coins by market cap with a price of 0.419, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.342.
Currencies that are positively correlated with Hiblocks 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 Hiblocks, a move in one direction for Hiblocks would translate into a move in the opposite direction for the negatively correlated coin.
