Based on today's classical pivot point (P1) with the value of $0.004455, HydraDX has support levels of $0.004368, $0.004196, and the strongest at $0.004110. Similarly, HydraDX resistance levels are at $0.004627, $0.004713, and $0.004886.
| # | Price | Strength |
|---|---|---|
| S1 | $0.004368 | |
| S2 | $0.004196 | |
| S3 | $0.004110 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.004627 | |
| R2 | $0.004713 | |
| R3 | $0.004886 |
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) | 69.74 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 100.00 | SELL |
| Commodity Channel Index (20) | 274.34 | SELL |
| Average Directional Index (14) | 22.71 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | 0.00 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 87.46 | 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, HydraDX price was most positively correlated with the price of Tezos (XTZ), Binance Coin (BNB), Immutable X (IMX), Litecoin (LTC) and Cardano (ADA) and most negatively correlated with the price of Jito (JTO), Gnosis (GNO), Canton (CC), Venice Token (VVV) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Tezos | 0.915 |
| Binance Coin | 0.913 |
| Immutable X | 0.894 |
| Litecoin | 0.881 |
| Cardano | 0.881 |
| Name | Correlation |
|---|---|
| Jito | -0.557 |
| Gnosis | -0.530 |
| Canton | -0.522 |
| Venice Token | -0.512 |
| Pi Network | -0.183 |
HydraDX price is positively correlated with the top 10 coins by market cap with a price of 0.685, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.615.
Currencies that are positively correlated with HydraDX 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 HydraDX, a move in one direction for HydraDX would translate into a move in the opposite direction for the negatively correlated coin.
