Based on today's classical pivot point (P1) with the value of $0.07863, Huobi Token has support levels of $0.07536, $0.07278, and the strongest at $0.06951. Similarly, Huobi Token resistance levels are at $0.08120, $0.08447, and $0.08705.
| # | Price | Strength |
|---|---|---|
| S1 | $0.07536 | |
| S2 | $0.07278 | |
| S3 | $0.06951 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.08120 | |
| R2 | $0.08447 | |
| R3 | $0.08705 |
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) | 24.66 | BUY |
| Stoch RSI (14) | 88.63 | SELL |
| Stochastic Fast (14) | 9.75 | BUY |
| Commodity Channel Index (20) | -78.35 | NEUTRAL |
| Average Directional Index (14) | 37.04 | SELL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -90.25 | BUY |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 30.34 | NEUTRAL |
| 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 Pi Network (PI), Cosmos (ATOM), Immutable X (IMX), Worldcoin (WLD) and Stacks (STX) and most negatively correlated with the price of Pyth Network (PYTH), Sky (SKY), DeXe (DEXE), Stellar (XLM) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Pi Network | 0.681 |
| Cosmos | 0.658 |
| Immutable X | 0.643 |
| Worldcoin | 0.604 |
| Stacks | 0.583 |
| Name | Correlation |
|---|---|
| Pyth Network | -0.566 |
| Sky | -0.518 |
| DeXe | -0.510 |
| Stellar | -0.483 |
| Beldex | -0.467 |
Huobi Token price is positively correlated with the top 10 coins by market cap with a price of 0.008, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.069.
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.
