Image of TRU
TRUTruebit Protocol
$0.004255
-2.02%
1D

Truebit Protocol Analysis

Investment Score
A quick view into Truebit Protocol's investment prospects.
4.8

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Volatile
Confidence: 76%
Why this state?
  • TRU is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
TRU is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 41.20, which is neither overbought nor oversold.
Volatility
Volatile
TRU ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.009321 - $0.01094
Active zone
$0.002894 - $0.007209
Support zone
$0.001445 - $0.002743
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Average
Support & Resistance

Truebit Protocol support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001445 - $0.002743
Resistance zone
$0.009321 - $0.01094
Active zone
$0.002894 - $0.007209
Levels Table
LevelZoneStrength
Support 1$0.001445 - $0.002743
Resistance 1$0.009321 - $0.01094
Resistance 2$0.07593 - $0.07723
Resistance 3$0.09195 - $0.09325
Resistance 4$0.1125 - $0.1156
Active 1$0.002894 - $0.007209
Scenario Analysis
Bullish scenario

TRU clears the resistance zone at $0.009321 - $0.01094 and holds above it. That would strengthen the breakout case and shift attention to $0.07593 - $0.07723.

Bearish scenario

TRU loses the support zone at $0.001445 - $0.002743. That would weaken the setup and open the way toward $0.001445 - $0.002743.

Neutral scenario

TRU continues trading between $0.002743 and $0.009321. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.006261
Bearish
TRU is trading below the 50-day average.
SMA200
$0.006128
Bearish
TRU remains below the long-term trend line.
EMA50
$0.005859
Bearish
TRU is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.02650
Bearish
TRU is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
41.20
Neutral
RSI (14) is at 41.20, which keeps momentum in a balanced range.
Stoch RSI (14)
70.21
Neutral
Stoch RSI (14) is at 70.21, which suggests momentum is active but not yet extreme.
MACD
-0.0007041
Bearish
MACD is below its signal line.
ATR
23.56%
Volatile
Volatility is above its 180-day median.
VWMA
$0.005331
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-55.01
Neutral
CCI (20) is at -55.01, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.001548
Bearish
Awesome Oscillator is below zero at $-0.001548, which supports bearish momentum.
Williams Percent Range (14)
-60.11
Neutral
Williams Percent Range (14) is at -60.11, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0003142
Bearish
Bull Bear Power (13) is negative at $-0.0003142, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
37.29
Neutral
Ultimate Oscillator is at 37.29, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.004479
Bearish
TRU is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.004989
Bearish
TRU is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Truebit Protocol

Over the past 7 days, Truebit Protocol price was most positively correlated with the price of Zcash (ZEC), Bitcoin Cash (BCH), Morpho (MORPHO), LEO Token (LEO) and Pepe Coin (PEPE) and most negatively correlated with the price of Sky (SKY), APENFT (NFT), Raydium (RAY), World Liberty Financial (WLFI) and Arbitrum (ARB).

Positively Correlated Currencies
NameCorrelation
Image of ZcashZcash0.416
Image of Bitcoin CashBitcoin Cash0.392
Image of MorphoMorpho0.344
Image of LEO TokenLEO Token0.339
Image of Pepe CoinPepe Coin0.327
Negatively Correlated Currencies
NameCorrelation
Image of SkySky-0.548
Image of APENFTAPENFT-0.333
Image of RaydiumRaydium-0.322
Image of World Liberty FinancialWorld Liberty Financial-0.305
Image of ArbitrumArbitrum-0.302

Truebit Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.168, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.054. Currencies that are positively correlated with Truebit Protocol 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 Truebit Protocol, a move in one direction for Truebit Protocol would translate into a move in the opposite direction for the negatively correlated coin.

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