Based on today's classical pivot point (P1) with the value of $0.01826, Perpetual Protocol has support levels of $0.01796, $0.01775, and the strongest at $0.01745. Similarly, Perpetual Protocol resistance levels are at $0.01847, $0.01877, and $0.01898.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01796 | |
| S2 | $0.01775 | |
| S3 | $0.01745 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01847 | |
| R2 | $0.01877 | |
| R3 | $0.01898 |
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) | 37.63 | NEUTRAL |
| Stoch RSI (14) | 28.47 | NEUTRAL |
| Stochastic Fast (14) | 6.85 | BUY |
| Commodity Channel Index (20) | -133.58 | BUY |
| Average Directional Index (14) | 47.08 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -93.15 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.05 | NEUTRAL |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.02 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Perpetual Protocol price was most positively correlated with the price of Mantle (MNT), TRON (TRX), Immutable X (IMX), XDC Network (XDC) and Sky (SKY) and most negatively correlated with the price of Jito (JTO), Aave (AAVE), Beldex (BDX), Jupiter (JUP) and JUST (JST).
| Name | Correlation |
|---|---|
| Mantle | 0.941 |
| TRON | 0.884 |
| Immutable X | 0.883 |
| XDC Network | 0.882 |
| Sky | 0.877 |
| Name | Correlation |
|---|---|
| Jito | -0.865 |
| Aave | -0.803 |
| Beldex | -0.457 |
| Jupiter | -0.419 |
| JUST | -0.406 |
Perpetual Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.398, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.519.
Currencies that are positively correlated with Perpetual 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 Perpetual Protocol, a move in one direction for Perpetual Protocol would translate into a move in the opposite direction for the negatively correlated coin.
