Based on today's classical pivot point (P1) with the value of $0.01090, Xbit has support levels of $0.01089, $0.01089, and the strongest at $0.01088. Similarly, Xbit resistance levels are at $0.01090, $0.01090, and $0.01091.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01089 | |
| S2 | $0.01089 | |
| S3 | $0.01088 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01090 | |
| R2 | $0.01090 | |
| R3 | $0.01091 |
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) | 42.14 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 28.67 | NEUTRAL |
| Commodity Channel Index (20) | -217.54 | BUY |
| Average Directional Index (14) | 12.82 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -71.33 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 51.51 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | SELL |
Over the past 7 days, Xbit price was most positively correlated with the price of Decred (DCR), Polkadot (DOT), Immutable X (IMX), NEAR Protocol (NEAR) and Ethena (ENA) and most negatively correlated with the price of Bitcoin Cash (BCH), Dash (DASH), DeXe (DEXE), Bittensor (TAO) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Decred | 0.732 |
| Polkadot | 0.704 |
| Immutable X | 0.701 |
| NEAR Protocol | 0.669 |
| Ethena | 0.664 |
| Name | Correlation |
|---|---|
| Bitcoin Cash | -0.734 |
| Dash | -0.638 |
| DeXe | -0.624 |
| Bittensor | -0.566 |
| Shiba Inu | -0.565 |
Xbit price is positively correlated with the top 10 coins by market cap with a price of 0.124, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.125.
Currencies that are positively correlated with Xbit 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 Xbit, a move in one direction for Xbit would translate into a move in the opposite direction for the negatively correlated coin.
