Based on today's classical pivot point (P1) with the value of $0.0₆5959, HORSE has support levels of $0.0₆5000, $0.0₆3420, and the strongest at $0.0₆2461. Similarly, HORSE resistance levels are at $0.0₆7539, $0.0₆8498, and $0.0₅1008.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆5000 | |
| S2 | $0.0₆3420 | |
| S3 | $0.0₆2461 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆7539 | |
| R2 | $0.0₆8498 | |
| R3 | $0.0₅1008 |
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) | 92.93 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 86.69 | SELL |
| Commodity Channel Index (20) | 666.67 | SELL |
| Average Directional Index (14) | 80.24 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -13.31 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 86.69 | SELL |
| 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, HORSE price was most positively correlated with the price of Internet Computer (ICP), Morpho (MORPHO), Cronos (CRO), Stacks (STX) and Toncoin (TON) and most negatively correlated with the price of Canton (CC), Arbitrum (ARB), JUST (JST), XDC Network (XDC) and Sky (SKY).
| Name | Correlation |
|---|---|
| Internet Computer | 0.924 |
| Morpho | 0.846 |
| Cronos | 0.846 |
| Stacks | 0.845 |
| Toncoin | 0.839 |
| Name | Correlation |
|---|---|
| Canton | -0.324 |
| Arbitrum | -0.157 |
| JUST | -0.136 |
| XDC Network | -0.133 |
| Sky | -0.115 |
HORSE price is positively correlated with the top 10 coins by market cap with a price of 0.388, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.500.
Currencies that are positively correlated with HORSE 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 HORSE, a move in one direction for HORSE would translate into a move in the opposite direction for the negatively correlated coin.
