Based on today's classical pivot point (P1) with the value of $0.0₉1224, Hoppy Token has support levels of $0.0₉1212, $0.0₉1205, and the strongest at $0.0₉1193. Similarly, Hoppy Token resistance levels are at $0.0₉1231, $0.0₉1243, and $0.0₉1250.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₉1212 | |
| S2 | $0.0₉1205 | |
| S3 | $0.0₉1193 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₉1231 | |
| R2 | $0.0₉1243 | |
| R3 | $0.0₉1250 |
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) | 18.44 | BUY |
| Stoch RSI (14) | 27.03 | NEUTRAL |
| Stochastic Fast (14) | 6.32 | BUY |
| Commodity Channel Index (20) | -83.69 | NEUTRAL |
| Average Directional Index (14) | 46.56 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -93.68 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.67 | 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, Hoppy Token price was most positively correlated with the price of Internet Computer (ICP), Bittensor (TAO), Optimism (OP), Render Token (RENDER) and GateToken (GT) and most negatively correlated with the price of DeXe (DEXE), Chiliz (CHZ), APENFT (NFT), XDC Network (XDC) and Jito (JTO).
| Name | Correlation |
|---|---|
| Internet Computer | 0.911 |
| Bittensor | 0.902 |
| Optimism | 0.881 |
| Render Token | 0.846 |
| GateToken | 0.830 |
| Name | Correlation |
|---|---|
| DeXe | -0.617 |
| Chiliz | -0.562 |
| APENFT | -0.467 |
| XDC Network | -0.398 |
| Jito | -0.331 |
Hoppy Token price is positively correlated with the top 10 coins by market cap with a price of 0.530, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.392.
Currencies that are positively correlated with Hoppy Token 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 Hoppy Token, a move in one direction for Hoppy Token would translate into a move in the opposite direction for the negatively correlated coin.
