Based on today's classical pivot point (P1) with the value of $0.1047, Propchain has support levels of $0.1022, $0.09959, and the strongest at $0.09716. Similarly, Propchain resistance levels are at $0.1073, $0.1097, and $0.1124.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1022 | |
| S2 | $0.09959 | |
| S3 | $0.09716 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1073 | |
| R2 | $0.1097 | |
| R3 | $0.1124 |
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) | 30.78 | NEUTRAL |
| Stoch RSI (14) | 59.06 | NEUTRAL |
| Stochastic Fast (14) | 20.12 | NEUTRAL |
| Commodity Channel Index (20) | -110.88 | BUY |
| Average Directional Index (14) | 38.81 | SELL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -79.88 | NEUTRAL |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 36.97 | NEUTRAL |
| VWMA (10) | 0.11 | SELL |
| Hull Moving Average (9) | 0.10 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.12 | NEUTRAL |
Over the past 7 days, Propchain price was most positively correlated with the price of Optimism (OP), Decred (DCR), Polkadot (DOT), Immutable X (IMX) and Bitget Token (BGB) and most negatively correlated with the price of World Liberty Financial (WLFI), LayerZero (ZRO), Dash (DASH), Toncoin (TON) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Optimism | 0.781 |
| Decred | 0.771 |
| Polkadot | 0.725 |
| Immutable X | 0.697 |
| Bitget Token | 0.679 |
| Name | Correlation |
|---|---|
| World Liberty Financial | -0.861 |
| LayerZero | -0.847 |
| Dash | -0.824 |
| Toncoin | -0.824 |
| LEO Token | -0.801 |
Propchain price is negatively correlated with the top 10 coins by market cap with a price of -0.084, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.057.
Currencies that are positively correlated with Propchain 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 Propchain, a move in one direction for Propchain would translate into a move in the opposite direction for the negatively correlated coin.
