Based on today's classical pivot point (P1) with the value of $0.03209, Hydra Chain has support levels of $0.03182, $0.03157, and the strongest at $0.03129. Similarly, Hydra Chain resistance levels are at $0.03234, $0.03262, and $0.03286.
| # | Price | Strength |
|---|---|---|
| S1 | $0.03182 | |
| S2 | $0.03157 | |
| S3 | $0.03129 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.03234 | |
| R2 | $0.03262 | |
| R3 | $0.03286 |
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) | 36.79 | NEUTRAL |
| Stoch RSI (14) | 95.24 | SELL |
| Stochastic Fast (14) | 80.16 | SELL |
| Commodity Channel Index (20) | 17.28 | NEUTRAL |
| Average Directional Index (14) | 52.18 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -19.84 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.97 | NEUTRAL |
| VWMA (10) | 0.03 | BUY |
| Hull Moving Average (9) | 0.03 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
Over the past 7 days, Hydra Chain price was most positively correlated with the price of SPX6900 (SPX), JUST (JST), Sun Token (SUN), Sei (SEI) and Immutable X (IMX) and most negatively correlated with the price of Ethena (ENA), BitTorrent (BTT), Celestia (TIA), DeXe (DEXE) and APENFT (NFT).
| Name | Correlation |
|---|---|
| SPX6900 | 0.890 |
| JUST | 0.887 |
| Sun Token | 0.851 |
| Sei | 0.843 |
| Immutable X | 0.818 |
| Name | Correlation |
|---|---|
| Ethena | -0.822 |
| BitTorrent | -0.726 |
| Celestia | -0.695 |
| DeXe | -0.670 |
| APENFT | -0.647 |
Hydra Chain price is positively correlated with the top 10 coins by market cap with a price of 0.441, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.253.
Currencies that are positively correlated with Hydra Chain 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 Hydra Chain, a move in one direction for Hydra Chain would translate into a move in the opposite direction for the negatively correlated coin.
