Based on today's classical pivot point (P1) with the value of $1.00, Bridged Tether (Scroll) has support levels of $0.9926, $0.9833, and the strongest at $0.9727. Similarly, Bridged Tether (Scroll) resistance levels are at $1.01, $1.02, and $1.03.
| # | Price | Strength |
|---|---|---|
| S1 | $0.9926 | |
| S2 | $0.9833 | |
| S3 | $0.9727 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.01 | |
| R2 | $1.02 | |
| R3 | $1.03 |
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) | 51.89 | NEUTRAL |
| Stoch RSI (14) | 61.11 | NEUTRAL |
| Stochastic Fast (14) | 52.80 | NEUTRAL |
| Commodity Channel Index (20) | 99.77 | NEUTRAL |
| Average Directional Index (14) | 17.25 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -47.20 | NEUTRAL |
| Bull Bear Power (13) | 0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.92 | NEUTRAL |
| VWMA (10) | 1.00 | BUY |
| Hull Moving Average (9) | 1.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.00 | NEUTRAL |
Over the past 7 days, Bridged Tether (Scroll) price was most positively correlated with the price of Pi Network (PI), Artificial Superintelligence Alliance (FET), Cardano (ADA), Bonk (BONK) and Avalanche (AVAX) and most negatively correlated with the price of APENFT (NFT), LEO Token (LEO), JUST (JST), Monero (XMR) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Pi Network | 0.664 |
| Artificial Superintelligence Alliance | 0.657 |
| Cardano | 0.631 |
| Bonk | 0.630 |
| Avalanche | 0.622 |
| Name | Correlation |
|---|---|
| APENFT | -0.475 |
| LEO Token | -0.257 |
| JUST | -0.252 |
| Monero | -0.136 |
| World Liberty Financial | -0.102 |
Bridged Tether (Scroll) price is positively correlated with the top 10 coins by market cap with a price of 0.539, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.463.
Currencies that are positively correlated with Bridged Tether (Scroll) 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 Bridged Tether (Scroll), a move in one direction for Bridged Tether (Scroll) would translate into a move in the opposite direction for the negatively correlated coin.
