Based on today's classical pivot point (P1) with the value of $0.0₅4921, USD BIT has support levels of $0.0₅4578, $0.0₅4406, and the strongest at $0.0₅4063. Similarly, USD BIT resistance levels are at $0.0₅5093, $0.0₅5436, and $0.0₅5607.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4578 | |
| S2 | $0.0₅4406 | |
| S3 | $0.0₅4063 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5093 | |
| R2 | $0.0₅5436 | |
| R3 | $0.0₅5607 |
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) | 18.44 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.05 | BUY |
| Commodity Channel Index (20) | -252.94 | BUY |
| Average Directional Index (14) | 45.42 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.95 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.95 | 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, USD BIT price was most positively correlated with the price of Celestia (TIA), Cosmos (ATOM), Sui Crypto (SUI), Flare (FLR) and Polkadot (DOT) and most negatively correlated with the price of Worldcoin (WLD), Venice Token (VVV), Jito (JTO), World Liberty Financial (WLFI) and Hyperliquid (HYPE).
| Name | Correlation |
|---|---|
| Celestia | 0.857 |
| Cosmos | 0.857 |
| Sui Crypto | 0.855 |
| Flare | 0.837 |
| Polkadot | 0.833 |
| Name | Correlation |
|---|---|
| Worldcoin | -0.872 |
| Venice Token | -0.808 |
| Jito | -0.752 |
| World Liberty Financial | -0.701 |
| Hyperliquid | -0.684 |
USD BIT price is positively correlated with the top 10 coins by market cap with a price of 0.707, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.367.
Currencies that are positively correlated with USD BIT 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 USD BIT, a move in one direction for USD BIT would translate into a move in the opposite direction for the negatively correlated coin.
