Based on today's classical pivot point (P1) with the value of $0.0₅8077, the black sheep has support levels of $0.0₅7910, $0.0₅7727, and the strongest at $0.0₅7560. Similarly, the black sheep resistance levels are at $0.0₅8260, $0.0₅8427, and $0.0₅8610.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7910 | |
| S2 | $0.0₅7727 | |
| S3 | $0.0₅7560 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8260 | |
| R2 | $0.0₅8427 | |
| R3 | $0.0₅8610 |
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) | 56.33 | NEUTRAL |
| Stoch RSI (14) | 28.08 | NEUTRAL |
| Stochastic Fast (14) | 57.29 | NEUTRAL |
| Commodity Channel Index (20) | 78.25 | NEUTRAL |
| Average Directional Index (14) | 19.36 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -42.71 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 48.49 | 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, the black sheep price was most positively correlated with the price of Tezos (XTZ), Dogecoin (DOGE), Bonk (BONK), NEAR Protocol (NEAR) and Shiba Inu (SHIB) and most negatively correlated with the price of DeXe (DEXE), TRON (TRX), APENFT (NFT), Venice Token (VVV) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Tezos | 0.829 |
| Dogecoin | 0.827 |
| Bonk | 0.823 |
| NEAR Protocol | 0.778 |
| Shiba Inu | 0.769 |
| Name | Correlation |
|---|---|
| DeXe | -0.524 |
| TRON | -0.383 |
| APENFT | -0.378 |
| Venice Token | -0.325 |
| Morpho | -0.251 |
the black sheep price is positively correlated with the top 10 coins by market cap with a price of 0.609, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.469.
Currencies that are positively correlated with the black sheep 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 the black sheep, a move in one direction for the black sheep would translate into a move in the opposite direction for the negatively correlated coin.
