Based on today's classical pivot point (P1) with the value of $0.2986, Peercoin has support levels of $0.2841, $0.2730, and the strongest at $0.2585. Similarly, Peercoin resistance levels are at $0.3097, $0.3242, and $0.3353.
| # | Price | Strength |
|---|---|---|
| S1 | $0.2841 | |
| S2 | $0.2730 | |
| S3 | $0.2585 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.3097 | |
| R2 | $0.3242 | |
| R3 | $0.3353 |
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) | 57.98 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 57.01 | NEUTRAL |
| Commodity Channel Index (20) | 140.05 | SELL |
| Average Directional Index (14) | 39.93 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -42.99 | NEUTRAL |
| Bull Bear Power (13) | 0.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 31.34 | NEUTRAL |
| VWMA (10) | 0.29 | BUY |
| Hull Moving Average (9) | 0.29 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.29 | NEUTRAL |
Over the past 7 days, Peercoin price was most positively correlated with the price of Immutable X (IMX), JUST (JST), Monero (XMR), Pudgy Penguins (PENGU) and SPX6900 (SPX) and most negatively correlated with the price of Ethena (ENA), Celestia (TIA), DeXe (DEXE), Pi Network (PI) and BitTorrent (BTT).
| Name | Correlation |
|---|---|
| Immutable X | 0.595 |
| JUST | 0.523 |
| Monero | 0.516 |
| Pudgy Penguins | 0.493 |
| SPX6900 | 0.479 |
| Name | Correlation |
|---|---|
| Ethena | -0.529 |
| Celestia | -0.484 |
| DeXe | -0.446 |
| Pi Network | -0.440 |
| BitTorrent | -0.406 |
Peercoin price is positively correlated with the top 10 coins by market cap with a price of 0.265, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.159.
Currencies that are positively correlated with Peercoin 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 Peercoin, a move in one direction for Peercoin would translate into a move in the opposite direction for the negatively correlated coin.
