Based on today's classical pivot point (P1) with the value of $0.0₅4078, Picasso has support levels of $0.0₅4058, $0.0₅4019, and the strongest at $0.0₅3999. Similarly, Picasso resistance levels are at $0.0₅4116, $0.0₅4136, and $0.0₅4175.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4058 | |
| S2 | $0.0₅4019 | |
| S3 | $0.0₅3999 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅4116 | |
| R2 | $0.0₅4136 | |
| R3 | $0.0₅4175 |
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) | 72.35 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 99.96 | SELL |
| Commodity Channel Index (20) | 361.81 | SELL |
| Average Directional Index (14) | 37.60 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -0.04 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 87.16 | 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, Picasso price was most positively correlated with the price of Pump.fun (PUMP), Pi Network (PI), Sun Token (SUN), Pepe Coin (PEPE) and KAITO (KAITO) and most negatively correlated with the price of Artificial Superintelligence Alliance (FET), Filecoin (FIL), Polkadot (DOT), Kaia (KAIA) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Pump.fun | 0.875 |
| Pi Network | 0.831 |
| Sun Token | 0.795 |
| Pepe Coin | 0.765 |
| KAITO | 0.758 |
| Name | Correlation |
|---|---|
| Artificial Superintelligence Alliance | -0.773 |
| Filecoin | -0.773 |
| Polkadot | -0.769 |
| Kaia | -0.735 |
| Midnight | -0.728 |
Picasso price is negatively correlated with the top 10 coins by market cap with a price of -0.318, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.101.
Currencies that are positively correlated with Picasso 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 Picasso, a move in one direction for Picasso would translate into a move in the opposite direction for the negatively correlated coin.
