Based on today's classical pivot point (P1) with the value of $20.54, Bitcoin SV has support levels of $20.18, $19.96, and the strongest at $19.60. Similarly, Bitcoin SV resistance levels are at $20.76, $21.13, and $21.34.
| # | Price | Strength |
|---|---|---|
| S1 | $20.18 | |
| S2 | $19.96 | |
| S3 | $19.60 |
| # | Price | Strength |
|---|---|---|
| R1 | $20.76 | |
| R2 | $21.13 | |
| R3 | $21.34 |
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) | 38.71 | NEUTRAL |
| Stoch RSI (14) | 62.07 | NEUTRAL |
| Stochastic Fast (14) | 36.29 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 22.36 | NEUTRAL |
| Awesome Oscillator (5, 34) | -1.31 | NEUTRAL |
| Momentum (10) | -0.63 | SELL |
| MACD (12, 26) | 0.01 | NEUTRAL |
| Williams Percent Range (14) | -63.71 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.37 | NEUTRAL |
| VWMA (10) | 20.92 | SELL |
| Hull Moving Average (9) | 20.85 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 22.82 | NEUTRAL |
Over the past 7 days, Bitcoin SV price was most positively correlated with the price of Litecoin (LTC), Ethereum Classic (ETC), Polkadot (DOT), Algorand (ALGO) and Immutable X (IMX) and most negatively correlated with the price of JUST (JST), UNUS SED LEO (LEO), Merlin Chain (MERL), Terra Classic (LUNC) and AB (AB).
| Name | Correlation |
|---|---|
| Litecoin | 0.956 |
| Ethereum Classic | 0.949 |
| Polkadot | 0.943 |
| Algorand | 0.943 |
| Immutable X | 0.941 |
| Name | Correlation |
|---|---|
| JUST | -0.673 |
| UNUS SED LEO | -0.332 |
| Merlin Chain | -0.245 |
| Terra Classic | -0.148 |
| AB | -0.059 |
Bitcoin SV price is positively correlated with the top 10 coins by market cap with a price of 0.749, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.720.
Currencies that are positively correlated with Bitcoin SV 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 Bitcoin SV, a move in one direction for Bitcoin SV would translate into a move in the opposite direction for the negatively correlated coin.
