Based on today's classical pivot point (P1) with the value of $0.0₅2095, Picasso has support levels of $0.0₅1961, $0.0₅1793, and the strongest at $0.0₅1658. Similarly, Picasso resistance levels are at $0.0₅2263, $0.0₅2398, and $0.0₅2566.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1961 | |
| S2 | $0.0₅1793 | |
| S3 | $0.0₅1658 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅2263 | |
| R2 | $0.0₅2398 | |
| R3 | $0.0₅2566 |
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) | 45.39 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 39.75 | NEUTRAL |
| Commodity Channel Index (20) | -34.93 | NEUTRAL |
| Average Directional Index (14) | 15.68 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -60.25 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.61 | NEUTRAL |
| 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 Pudgy Penguins (PENGU), Pyth Network (PYTH), PancakeSwap (CAKE), TRON (TRX) and Internet Computer (ICP) and most negatively correlated with the price of LEO Token (LEO), Algorand (ALGO), Quant (QNT), Ethena (ENA) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Pudgy Penguins | 0.832 |
| Pyth Network | 0.778 |
| PancakeSwap | 0.738 |
| TRON | 0.730 |
| Internet Computer | 0.718 |
| Name | Correlation |
|---|---|
| LEO Token | -0.680 |
| Algorand | -0.633 |
| Quant | -0.632 |
| Ethena | -0.631 |
| DeXe | -0.585 |
Picasso price is positively correlated with the top 10 coins by market cap with a price of 0.072, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.185.
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.
