Based on today's classical pivot point (P1) with the value of $0.02791, Primecoin has support levels of $0.02784, $0.02781, and the strongest at $0.02774. Similarly, Primecoin resistance levels are at $0.02795, $0.02801, and $0.02805.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02784 | |
| S2 | $0.02781 | |
| S3 | $0.02774 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02795 | |
| R2 | $0.02801 | |
| R3 | $0.02805 |
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) | 40.12 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.05 | BUY |
| Commodity Channel Index (20) | -71.75 | NEUTRAL |
| Average Directional Index (14) | 20.84 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.95 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 19.42 | BUY |
| VWMA (10) | 0.03 | SELL |
| Hull Moving Average (9) | 0.03 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
Over the past 7 days, Primecoin price was most positively correlated with the price of Immutable X (IMX), Tezos (XTZ), Jupiter (JUP), Telcoin (TEL) and Pi Network (PI) and most negatively correlated with the price of Arbitrum (ARB), Injective (INJ), Bitcoin (BTC), Quant (QNT) and Ethena (ENA).
| Name | Correlation |
|---|---|
| Immutable X | 0.207 |
| Tezos | 0.181 |
| Jupiter | 0.142 |
| Telcoin | 0.140 |
| Pi Network | 0.130 |
| Name | Correlation |
|---|---|
| Arbitrum | -0.431 |
| Injective | -0.393 |
| Bitcoin | -0.393 |
| Quant | -0.385 |
| Ethena | -0.367 |
Primecoin price is negatively correlated with the top 10 coins by market cap with a price of -0.164, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.125.
Currencies that are positively correlated with Primecoin 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 Primecoin, a move in one direction for Primecoin would translate into a move in the opposite direction for the negatively correlated coin.
