Based on today's classical pivot point (P1) with the value of $0.003775, HydraDX has support levels of $0.003751, $0.003701, and the strongest at $0.003677. Similarly, HydraDX resistance levels are at $0.003825, $0.003849, and $0.003899.
| # | Price | Strength |
|---|---|---|
| S1 | $0.003751 | |
| S2 | $0.003701 | |
| S3 | $0.003677 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003825 | |
| R2 | $0.003849 | |
| R3 | $0.003899 |
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) | 43.99 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 49.70 | NEUTRAL |
| Commodity Channel Index (20) | -42.31 | NEUTRAL |
| Average Directional Index (14) | 36.24 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -50.30 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.28 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, HydraDX price was most positively correlated with the price of Cardano (ADA), Cosmos (ATOM), Midnight (NIGHT), Arbitrum (ARB) and Immutable X (IMX) and most negatively correlated with the price of TRON (TRX), Sun Token (SUN), JUST (JST), Jito (JTO) and APENFT (NFT).
| Name | Correlation |
|---|---|
| Cardano | 0.506 |
| Cosmos | 0.483 |
| Midnight | 0.481 |
| Arbitrum | 0.473 |
| Immutable X | 0.462 |
| Name | Correlation |
|---|---|
| TRON | -0.486 |
| Sun Token | -0.415 |
| JUST | -0.383 |
| Jito | -0.374 |
| APENFT | -0.290 |
HydraDX price is positively correlated with the top 10 coins by market cap with a price of 0.277, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.181.
Currencies that are positively correlated with HydraDX 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 HydraDX, a move in one direction for HydraDX would translate into a move in the opposite direction for the negatively correlated coin.
