Based on today's classical pivot point (P1) with the value of $0.009433, Orchid Protocol has support levels of $0.009363, $0.009247, and the strongest at $0.009177. Similarly, Orchid Protocol resistance levels are at $0.009549, $0.009619, and $0.009735.
| # | Price | Strength |
|---|---|---|
| S1 | $0.009363 | |
| S2 | $0.009247 | |
| S3 | $0.009177 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.009549 | |
| R2 | $0.009619 | |
| R3 | $0.009735 |
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) | 29.14 | BUY |
| Stoch RSI (14) | 48.93 | NEUTRAL |
| Stochastic Fast (14) | 10.95 | BUY |
| Commodity Channel Index (20) | -79.43 | NEUTRAL |
| Average Directional Index (14) | 34.63 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -89.05 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.99 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Orchid Protocol price was most positively correlated with the price of Mantle (MNT), Solana (SOL), XRP (XRP), Kaspa (KAS) and Immutable X (IMX) and most negatively correlated with the price of Terra Classic (LUNC), Pudgy Penguins (PENGU), JUST (JST), Morpho (MORPHO) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Mantle | 0.897 |
| Solana | 0.878 |
| XRP | 0.875 |
| Kaspa | 0.868 |
| Immutable X | 0.838 |
| Name | Correlation |
|---|---|
| Terra Classic | -0.781 |
| Pudgy Penguins | -0.780 |
| JUST | -0.714 |
| Morpho | -0.622 |
| Pi Network | -0.532 |
Orchid Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.407, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.403.
Currencies that are positively correlated with Orchid 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 Orchid Protocol, a move in one direction for Orchid Protocol would translate into a move in the opposite direction for the negatively correlated coin.
