Based on today's classical pivot point (P1) with the value of $0.2934, Peercoin has support levels of $0.2763, $0.2629, and the strongest at $0.2458. Similarly, Peercoin resistance levels are at $0.3068, $0.3239, and $0.3372.
| # | Price | Strength |
|---|---|---|
| S1 | $0.2763 | |
| S2 | $0.2629 | |
| S3 | $0.2458 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.3068 | |
| R2 | $0.3239 | |
| R3 | $0.3372 |
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) | 54.63 | NEUTRAL |
| Stoch RSI (14) | 78.46 | NEUTRAL |
| Stochastic Fast (14) | 44.96 | NEUTRAL |
| Commodity Channel Index (20) | 118.08 | SELL |
| Average Directional Index (14) | 34.86 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -55.04 | NEUTRAL |
| Bull Bear Power (13) | 0.02 | BUY |
| Ultimate Oscillator (7, 14, 28) | 33.20 | NEUTRAL |
| VWMA (10) | 0.29 | BUY |
| Hull Moving Average (9) | 0.28 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.29 | SELL |
Over the past 7 days, Peercoin price was most positively correlated with the price of Sun Token (SUN), Immutable X (IMX), Bitcoin Cash (BCH), NEAR Protocol (NEAR) and SPX6900 (SPX) and most negatively correlated with the price of DeXe (DEXE), Venice Token (VVV), APENFT (NFT), Ethena (ENA) and TRON (TRX).
| Name | Correlation |
|---|---|
| Sun Token | 0.543 |
| Immutable X | 0.516 |
| Bitcoin Cash | 0.501 |
| NEAR Protocol | 0.500 |
| SPX6900 | 0.497 |
| Name | Correlation |
|---|---|
| DeXe | -0.534 |
| Venice Token | -0.252 |
| APENFT | -0.185 |
| Ethena | -0.136 |
| TRON | -0.122 |
Peercoin price is positively correlated with the top 10 coins by market cap with a price of 0.321, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.264.
Currencies that are positively correlated with Peercoin 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 Peercoin, a move in one direction for Peercoin would translate into a move in the opposite direction for the negatively correlated coin.
