Based on today's classical pivot point (P1) with the value of $0.0₆7555, Azbit has support levels of $0.0₆7354, $0.0₆7168, and the strongest at $0.0₆6966. Similarly, Azbit resistance levels are at $0.0₆7741, $0.0₆7943, and $0.0₆8128.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆7354 | |
| S2 | $0.0₆7168 | |
| S3 | $0.0₆6966 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆7741 | |
| R2 | $0.0₆7943 | |
| R3 | $0.0₆8128 |
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) | 25.75 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 38.73 | NEUTRAL |
| Commodity Channel Index (20) | -288.54 | BUY |
| Average Directional Index (14) | 39.35 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -61.27 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 34.54 | 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, Azbit price was most positively correlated with the price of Injective (INJ), Sun Token (SUN), Tezos (XTZ), Arbitrum (ARB) and Decred (DCR) and most negatively correlated with the price of OKB (OKB), KAITO (KAITO), JUST (JST), LayerZero (ZRO) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Injective | 0.881 |
| Sun Token | 0.820 |
| Tezos | 0.762 |
| Arbitrum | 0.761 |
| Decred | 0.744 |
| Name | Correlation |
|---|---|
| OKB | -0.890 |
| KAITO | -0.883 |
| JUST | -0.798 |
| LayerZero | -0.784 |
| Shiba Inu | -0.744 |
Azbit price is positively correlated with the top 10 coins by market cap with a price of 0.183, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.232.
Currencies that are positively correlated with Azbit 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 Azbit, a move in one direction for Azbit would translate into a move in the opposite direction for the negatively correlated coin.
