Based on today's classical pivot point (P1) with the value of $0.0₆3888, BitTorrent has support levels of $0.0₆3876, $0.0₆3852, and the strongest at $0.0₆3841. Similarly, BitTorrent resistance levels are at $0.0₆3911, $0.0₆3923, and $0.0₆3947.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3876 | |
| S2 | $0.0₆3852 | |
| S3 | $0.0₆3841 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3911 | |
| R2 | $0.0₆3923 | |
| R3 | $0.0₆3947 |
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) | 23.48 | BUY |
| Stoch RSI (14) | 16.49 | BUY |
| Stochastic Fast (14) | 13.69 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 9.96 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -86.31 | BUY |
| Ultimate Oscillator (7, 14, 28) | 37.52 | NEUTRAL |
| 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, BitTorrent price was most positively correlated with the price of Mantle (MNT), Aerodrome Finance (AERO), Uniswap (UNI), Dogwifhat (WIF) and Worldcoin (WLD) and most negatively correlated with the price of XDC Network (XDC), Curve DAO Token (CRV), zkSync (ZK), APENFT (NFT) and Immutable X (IMX).
| Name | Correlation |
|---|---|
| Mantle | 0.930 |
| Aerodrome Finance | 0.895 |
| Uniswap | 0.892 |
| Dogwifhat | 0.885 |
| Worldcoin | 0.882 |
| Name | Correlation |
|---|---|
| XDC Network | -0.736 |
| Curve DAO Token | -0.540 |
| zkSync | -0.423 |
| APENFT | -0.378 |
| Immutable X | -0.378 |
BitTorrent price is positively correlated with the top 10 coins by market cap with a price of 0.215, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.391.
Currencies that are positively correlated with BitTorrent 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 BitTorrent, a move in one direction for BitTorrent would translate into a move in the opposite direction for the negatively correlated coin.
