Based on today's classical pivot point (P1) with the value of $0.0₇1940, DISTRIBUTE has support levels of $0.0₇1778, $0.0₇1514, and the strongest at $0.0₇1351. Similarly, DISTRIBUTE resistance levels are at $0.0₇2204, $0.0₇2367, and $0.0₇2631.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇1778 | |
| S2 | $0.0₇1514 | |
| S3 | $0.0₇1351 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇2204 | |
| R2 | $0.0₇2367 | |
| R3 | $0.0₇2631 |
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) | 37.04 | NEUTRAL |
| Stoch RSI (14) | 39.50 | NEUTRAL |
| Stochastic Fast (14) | 11.15 | BUY |
| Commodity Channel Index (20) | -10.45 | NEUTRAL |
| Average Directional Index (14) | 19.90 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.85 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.78 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, DISTRIBUTE price was most positively correlated with the price of LayerZero (ZRO), Stacks (STX), Pump.fun (PUMP), Aave (AAVE) and Zcash (ZEC) and most negatively correlated with the price of World Liberty Financial (WLFI), JUST (JST), Jito (JTO), APENFT (NFT) and Pi Network (PI).
| Name | Correlation |
|---|---|
| LayerZero | 0.757 |
| Stacks | 0.685 |
| Pump.fun | 0.680 |
| Aave | 0.654 |
| Zcash | 0.624 |
| Name | Correlation |
|---|---|
| World Liberty Financial | -0.557 |
| JUST | -0.372 |
| Jito | -0.001 |
| APENFT | 0.014 |
| Pi Network | 0.038 |
DISTRIBUTE price is positively correlated with the top 10 coins by market cap with a price of 0.402, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.416.
Currencies that are positively correlated with DISTRIBUTE 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 DISTRIBUTE, a move in one direction for DISTRIBUTE would translate into a move in the opposite direction for the negatively correlated coin.
