Based on today's classical pivot point (P1) with the value of $0.0₁₂6981, COPPER has support levels of $0.0₁₂6544, $0.0₁₂6087, and the strongest at $0.0₁₂5650. Similarly, COPPER resistance levels are at $0.0₁₂7439, $0.0₁₂7876, and $0.0₁₂8333.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₁₂6544 | |
| S2 | $0.0₁₂6087 | |
| S3 | $0.0₁₂5650 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₂7439 | |
| R2 | $0.0₁₂7876 | |
| R3 | $0.0₁₂8333 |
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) | 42.82 | NEUTRAL |
| Stoch RSI (14) | 30.91 | NEUTRAL |
| Stochastic Fast (14) | 23.62 | NEUTRAL |
| Commodity Channel Index (20) | -99.96 | NEUTRAL |
| Average Directional Index (14) | 31.34 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -76.38 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.11 | 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, COPPER price was most positively correlated with the price of Bonk (BONK), Monad (MON), Virtuals Protocol (VIRTUAL), PancakeSwap (CAKE) and Zcash (ZEC) and most negatively correlated with the price of Pi Network (PI), Sun Token (SUN), TRON (TRX), JUST (JST) and Zebec Network (ZBCN).
| Name | Correlation |
|---|---|
| Bonk | 0.827 |
| Monad | 0.826 |
| Virtuals Protocol | 0.821 |
| PancakeSwap | 0.804 |
| Zcash | 0.793 |
| Name | Correlation |
|---|---|
| Pi Network | -0.614 |
| Sun Token | -0.570 |
| TRON | -0.517 |
| JUST | -0.495 |
| Zebec Network | -0.446 |
COPPER price is positively correlated with the top 10 coins by market cap with a price of 0.469, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.436.
Currencies that are positively correlated with COPPER 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 COPPER, a move in one direction for COPPER would translate into a move in the opposite direction for the negatively correlated coin.
