Based on today's classical pivot point (P1) with the value of $0.0₅3389, Picasso has support levels of $0.0₅3269, $0.0₅3063, and the strongest at $0.0₅2943. Similarly, Picasso resistance levels are at $0.0₅3594, $0.0₅3714, and $0.0₅3920.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3269 | |
| S2 | $0.0₅3063 | |
| S3 | $0.0₅2943 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3594 | |
| R2 | $0.0₅3714 | |
| R3 | $0.0₅3920 |
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) | 52.43 | NEUTRAL |
| Stoch RSI (14) | 33.64 | NEUTRAL |
| Stochastic Fast (14) | 80.80 | SELL |
| Commodity Channel Index (20) | 40.99 | NEUTRAL |
| Average Directional Index (14) | 24.01 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -19.20 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.42 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Picasso price was most positively correlated with the price of Kaspa (KAS), DeXe (DEXE), TRON (TRX), LEO Token (LEO) and Sun Token (SUN) and most negatively correlated with the price of Bitcoin Cash (BCH), Shiba Inu (SHIB), Aptos (APT), Artificial Superintelligence Alliance (FET) and Sky (SKY).
| Name | Correlation |
|---|---|
| Kaspa | 0.316 |
| DeXe | 0.166 |
| TRON | 0.151 |
| LEO Token | 0.091 |
| Sun Token | 0.089 |
| Name | Correlation |
|---|---|
| Bitcoin Cash | -0.245 |
| Shiba Inu | -0.238 |
| Aptos | -0.209 |
| Artificial Superintelligence Alliance | -0.207 |
| Sky | -0.205 |
Picasso price is negatively correlated with the top 10 coins by market cap with a price of -0.114, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.077.
Currencies that are positively correlated with Picasso 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 Picasso, a move in one direction for Picasso would translate into a move in the opposite direction for the negatively correlated coin.
