Based on today's classical pivot point (P1) with the value of $0.0₅8664, Project Hive has support levels of $0.0₅8434, $0.0₅8275, and the strongest at $0.0₅8045. Similarly, Project Hive resistance levels are at $0.0₅8823, $0.0₅9053, and $0.0₅9212.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8434 | |
| S2 | $0.0₅8275 | |
| S3 | $0.0₅8045 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8823 | |
| R2 | $0.0₅9053 | |
| R3 | $0.0₅9212 |
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) | 40.81 | NEUTRAL |
| Stoch RSI (14) | 24.55 | NEUTRAL |
| Stochastic Fast (14) | 11.51 | BUY |
| Commodity Channel Index (20) | -98.43 | NEUTRAL |
| Average Directional Index (14) | 28.86 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.49 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.79 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Project Hive price was most positively correlated with the price of Curve DAO Token (CRV), KuCoin Token (KCS), Morpho (MORPHO), Aave (AAVE) and Ethereum (ETH) and most negatively correlated with the price of JUST (JST), Injective (INJ), Pump.fun (PUMP), PancakeSwap (CAKE) and VeChain (VET).
| Name | Correlation |
|---|---|
| Curve DAO Token | 0.370 |
| KuCoin Token | 0.342 |
| Morpho | 0.310 |
| Aave | 0.262 |
| Ethereum | 0.250 |
| Name | Correlation |
|---|---|
| JUST | -0.470 |
| Injective | -0.464 |
| Pump.fun | -0.328 |
| PancakeSwap | -0.300 |
| VeChain | -0.286 |
Project Hive price is positively correlated with the top 10 coins by market cap with a price of 0.022, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.016.
Currencies that are positively correlated with Project Hive 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 Project Hive, a move in one direction for Project Hive would translate into a move in the opposite direction for the negatively correlated coin.
