Based on today's classical pivot point (P1) with the value of $0.03190, Hydra Chain has support levels of $0.03172, $0.03155, and the strongest at $0.03137. Similarly, Hydra Chain resistance levels are at $0.03207, $0.03225, and $0.03241.
| # | Price | Strength |
|---|---|---|
| S1 | $0.03172 | |
| S2 | $0.03155 | |
| S3 | $0.03137 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.03207 | |
| R2 | $0.03225 | |
| R3 | $0.03241 |
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) | 35.34 | NEUTRAL |
| Stoch RSI (14) | 88.77 | SELL |
| Stochastic Fast (14) | 70.19 | NEUTRAL |
| Commodity Channel Index (20) | 1.39 | NEUTRAL |
| Average Directional Index (14) | 50.81 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -29.81 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 59.10 | NEUTRAL |
| VWMA (10) | 0.03 | BUY |
| Hull Moving Average (9) | 0.03 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
Over the past 7 days, Hydra Chain price was most positively correlated with the price of JUST (JST), SPX6900 (SPX), Sei (SEI), Sun Token (SUN) and Immutable X (IMX) and most negatively correlated with the price of Ethena (ENA), BitTorrent (BTT), Celestia (TIA), Flare (FLR) and APENFT (NFT).
| Name | Correlation |
|---|---|
| JUST | 0.867 |
| SPX6900 | 0.837 |
| Sei | 0.802 |
| Sun Token | 0.802 |
| Immutable X | 0.794 |
| Name | Correlation |
|---|---|
| Ethena | -0.787 |
| BitTorrent | -0.749 |
| Celestia | -0.686 |
| Flare | -0.628 |
| APENFT | -0.606 |
Hydra Chain price is positively correlated with the top 10 coins by market cap with a price of 0.363, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.177.
Currencies that are positively correlated with Hydra Chain 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 Hydra Chain, a move in one direction for Hydra Chain would translate into a move in the opposite direction for the negatively correlated coin.
