Based on today's classical pivot point (P1) with the value of $0.07898, Huobi Token has support levels of $0.07695, $0.07479, and the strongest at $0.07276. Similarly, Huobi Token resistance levels are at $0.08113, $0.08317, and $0.08532.
| # | Price | Strength |
|---|---|---|
| S1 | $0.07695 | |
| S2 | $0.07479 | |
| S3 | $0.07276 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.08113 | |
| R2 | $0.08317 | |
| R3 | $0.08532 |
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) | 25.64 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 12.99 | BUY |
| Commodity Channel Index (20) | -82.55 | NEUTRAL |
| Average Directional Index (14) | 37.16 | SELL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.01 | BUY |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 27.26 | BUY |
| VWMA (10) | 0.08 | SELL |
| Hull Moving Average (9) | 0.08 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.10 | NEUTRAL |
Over the past 7 days, Huobi Token price was most positively correlated with the price of Bitget Token (BGB), Pi Network (PI), Dogecoin (DOGE), Cosmos (ATOM) and Immutable X (IMX) and most negatively correlated with the price of Sky (SKY), Pyth Network (PYTH), Stellar (XLM), DeXe (DEXE) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Bitget Token | 0.652 |
| Pi Network | 0.637 |
| Dogecoin | 0.621 |
| Cosmos | 0.604 |
| Immutable X | 0.596 |
| Name | Correlation |
|---|---|
| Sky | -0.560 |
| Pyth Network | -0.518 |
| Stellar | -0.423 |
| DeXe | -0.404 |
| Morpho | -0.395 |
Huobi Token price is positively correlated with the top 10 coins by market cap with a price of 0.086, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.170.
Currencies that are positively correlated with Huobi Token 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 Huobi Token, a move in one direction for Huobi Token would translate into a move in the opposite direction for the negatively correlated coin.
