Based on today's classical pivot point (P1) with the value of $27.79, IBS has support levels of $27.76, $27.71, and the strongest at $27.68. Similarly, IBS resistance levels are at $27.83, $27.87, and $27.91.
| # | Price | Strength |
|---|---|---|
| S1 | $27.76 | |
| S2 | $27.71 | |
| S3 | $27.68 |
| # | Price | Strength |
|---|---|---|
| R1 | $27.83 | |
| R2 | $27.87 | |
| R3 | $27.91 |
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) | 50.91 | NEUTRAL |
| Stoch RSI (14) | 99.84 | SELL |
| Stochastic Fast (14) | 94.41 | SELL |
| Commodity Channel Index (20) | 132.14 | SELL |
| Average Directional Index (14) | 45.90 | SELL |
| Awesome Oscillator (5, 34) | 1.29 | NEUTRAL |
| Momentum (10) | 1.14 | NEUTRAL |
| MACD (12, 26) | 0.46 | NEUTRAL |
| Williams Percent Range (14) | -5.59 | SELL |
| Bull Bear Power (13) | 0.97 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 68.75 | NEUTRAL |
| VWMA (10) | 27.34 | BUY |
| Hull Moving Average (9) | 27.88 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 26.53 | NEUTRAL |
Over the past 7 days, IBS price was most positively correlated with the price of Bitcoin Cash (BCH), JUST (JST), TRON (TRX), Tezos (XTZ) and Immutable X (IMX) and most negatively correlated with the price of Venice Token (VVV), Canton (CC), Pi Network (PI), Artificial Superintelligence Alliance (FET) and Jito (JTO).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.930 |
| JUST | 0.922 |
| TRON | 0.883 |
| Tezos | 0.880 |
| Immutable X | 0.873 |
| Name | Correlation |
|---|---|
| Venice Token | -0.613 |
| Canton | -0.446 |
| Pi Network | -0.399 |
| Artificial Superintelligence Alliance | -0.247 |
| Jito | -0.242 |
IBS price is positively correlated with the top 10 coins by market cap with a price of 0.718, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.565.
Currencies that are positively correlated with IBS 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 IBS, a move in one direction for IBS would translate into a move in the opposite direction for the negatively correlated coin.
