Based on today's classical pivot point (P1) with the value of $0.0₅8865, Bitcicoin has support levels of $0.0₅8852, $0.0₅8842, and the strongest at $0.0₅8829. Similarly, Bitcicoin resistance levels are at $0.0₅8874, $0.0₅8888, and $0.0₅8897.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8852 | |
| S2 | $0.0₅8842 | |
| S3 | $0.0₅8829 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8874 | |
| R2 | $0.0₅8888 | |
| R3 | $0.0₅8897 |
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) | 40.48 | NEUTRAL |
| Stoch RSI (14) | 2.48 | BUY |
| Stochastic Fast (14) | 16.42 | BUY |
| Commodity Channel Index (20) | -140.94 | BUY |
| Average Directional Index (14) | 26.44 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -83.58 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 19.30 | BUY |
| 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, Bitcicoin price was most positively correlated with the price of Jupiter (JUP), Pi Network (PI), Midnight (NIGHT), Jito (JTO) and Plasma (XPL) and most negatively correlated with the price of JUST (JST), Uniswap (UNI), Morpho (MORPHO), Pendle (PENDLE) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Jupiter | 0.926 |
| Pi Network | 0.892 |
| Midnight | 0.875 |
| Jito | 0.846 |
| Plasma | 0.836 |
| Name | Correlation |
|---|---|
| JUST | -0.847 |
| Uniswap | -0.814 |
| Morpho | -0.786 |
| Pendle | -0.752 |
| DeXe | -0.729 |
Bitcicoin price is positively correlated with the top 10 coins by market cap with a price of 0.296, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.272.
Currencies that are positively correlated with Bitcicoin 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 Bitcicoin, a move in one direction for Bitcicoin would translate into a move in the opposite direction for the negatively correlated coin.
