Based on today's classical pivot point (P1) with the value of $0.001340, Hydro Protocol has support levels of $0.001315, $0.001287, and the strongest at $0.001262. Similarly, Hydro Protocol resistance levels are at $0.001368, $0.001393, and $0.001421.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001315 | |
| S2 | $0.001287 | |
| S3 | $0.001262 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001368 | |
| R2 | $0.001393 | |
| R3 | $0.001421 |
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) | 37.40 | NEUTRAL |
| Stoch RSI (14) | 1.54 | BUY |
| Stochastic Fast (14) | 4.50 | BUY |
| Commodity Channel Index (20) | -190.77 | BUY |
| Average Directional Index (14) | 27.63 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -95.50 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 19.71 | BUY |
| 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, Hydro Protocol price was most positively correlated with the price of Optimism (OP), Polkadot (DOT), Bitget Token (BGB), Immutable X (IMX) and Pi Network (PI) and most negatively correlated with the price of LEO Token (LEO), Bittensor (TAO), DeXe (DEXE), Beldex (BDX) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Optimism | 0.857 |
| Polkadot | 0.855 |
| Bitget Token | 0.807 |
| Immutable X | 0.801 |
| Pi Network | 0.787 |
| Name | Correlation |
|---|---|
| LEO Token | -0.777 |
| Bittensor | -0.746 |
| DeXe | -0.713 |
| Beldex | -0.666 |
| Midnight | -0.592 |
Hydro Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.227, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.229.
Currencies that are positively correlated with Hydro 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 Hydro Protocol, a move in one direction for Hydro Protocol would translate into a move in the opposite direction for the negatively correlated coin.
