Based on today's classical pivot point (P1) with the value of $0.0₅2681, Picasso has support levels of $0.0₅1631, $0.0₅1104, and the strongest at $0.0₇5395. Similarly, Picasso resistance levels are at $0.0₅3207, $0.0₅4257, and $0.0₅4784.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1631 | |
| S2 | $0.0₅1104 | |
| S3 | $0.0₇5395 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3207 | |
| R2 | $0.0₅4257 | |
| R3 | $0.0₅4784 |
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) | 46.28 | NEUTRAL |
| Stoch RSI (14) | 25.95 | NEUTRAL |
| Stochastic Fast (14) | 16.20 | BUY |
| Commodity Channel Index (20) | 89.91 | NEUTRAL |
| Average Directional Index (14) | 19.42 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -83.80 | BUY |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.07 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| 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 Internet Computer (ICP), Sun Token (SUN), Terra Classic (LUNC), Cosmos (ATOM) and Curve DAO Token (CRV) and most negatively correlated with the price of Ethereum (ETH), Quant (QNT), Gnosis (GNO), Render Token (RENDER) and SPX6900 (SPX).
| Name | Correlation |
|---|---|
| Internet Computer | 0.739 |
| Sun Token | 0.650 |
| Terra Classic | 0.650 |
| Cosmos | 0.634 |
| Curve DAO Token | 0.624 |
| Name | Correlation |
|---|---|
| Ethereum | -0.724 |
| Quant | -0.700 |
| Gnosis | -0.672 |
| Render Token | -0.658 |
| SPX6900 | -0.658 |
Picasso price is negatively correlated with the top 10 coins by market cap with a price of -0.216, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.035.
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.
