Based on today's classical pivot point (P1) with the value of $0.0₇7493, Bitkin has support levels of $0.0₇7492, $0.0₇7491, and the strongest at $0.0₇7491. Similarly, Bitkin resistance levels are at $0.0₇7494, $0.0₇7494, and $0.0₇7495.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇7492 | |
| S2 | $0.0₇7491 | |
| S3 | $0.0₇7491 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇7494 | |
| R2 | $0.0₇7494 | |
| R3 | $0.0₇7495 |
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) | 19.66 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -98.27 | NEUTRAL |
| Average Directional Index (14) | 44.03 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 27.63 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | -0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Bitkin price was most positively correlated with the price of Arbitrum (ARB), Decred (DCR), Cosmos (ATOM), Virtuals Protocol (VIRTUAL) and Celestia (TIA) and most negatively correlated with the price of Monero (XMR), LayerZero (ZRO), TRON (TRX), JUST (JST) and OKB (OKB).
| Name | Correlation |
|---|---|
| Arbitrum | 0.945 |
| Decred | 0.937 |
| Cosmos | 0.920 |
| Virtuals Protocol | 0.909 |
| Celestia | 0.907 |
| Name | Correlation |
|---|---|
| Monero | -0.707 |
| LayerZero | -0.679 |
| TRON | -0.661 |
| JUST | -0.654 |
| OKB | -0.564 |
Bitkin price is positively correlated with the top 10 coins by market cap with a price of 0.380, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.445.
Currencies that are positively correlated with Bitkin 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 Bitkin, a move in one direction for Bitkin would translate into a move in the opposite direction for the negatively correlated coin.
