Based on today's classical pivot point (P1) with the value of $0.0001112, Taurus has support levels of $0.0001078, $0.0001021, and the strongest at $0.00009871. Similarly, Taurus resistance levels are at $0.0001169, $0.0001203, and $0.0001260.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0001078 | |
| S2 | $0.0001021 | |
| S3 | $0.00009871 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0001169 | |
| R2 | $0.0001203 | |
| R3 | $0.0001260 |
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) | 76.75 | SELL |
| Stoch RSI (14) | 89.39 | SELL |
| Stochastic Fast (14) | 97.68 | SELL |
| Commodity Channel Index (20) | 176.17 | SELL |
| Average Directional Index (14) | 32.51 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -2.32 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 82.73 | SELL |
| 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, Taurus price was most positively correlated with the price of Pudgy Penguins (PENGU), Sky (SKY), Jupiter (JUP), Immutable X (IMX) and Bittensor (TAO) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), APENFT (NFT), LEO Token (LEO) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Pudgy Penguins | 0.968 |
| Sky | 0.959 |
| Jupiter | 0.957 |
| Immutable X | 0.957 |
| Bittensor | 0.954 |
| Name | Correlation |
|---|---|
| JUST | -0.743 |
| World Liberty Financial | -0.359 |
| APENFT | -0.060 |
| LEO Token | 0.255 |
| Beldex | 0.430 |
Taurus price is positively correlated with the top 10 coins by market cap with a price of 0.880, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.839.
Currencies that are positively correlated with Taurus 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 Taurus, a move in one direction for Taurus would translate into a move in the opposite direction for the negatively correlated coin.
