Based on today's classical pivot point (P1) with the value of $0.0₅3667, Picasso has support levels of $0.0₅1928, $0.0₆9877, and the strongest at $-7.514e-7. Similarly, Picasso resistance levels are at $0.0₅4607, $0.0₅6346, and $0.0₅7287.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1928 | |
| S2 | $0.0₆9877 | |
| S3 | $-7.514e-7 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅4607 | |
| R2 | $0.0₅6346 | |
| R3 | $0.0₅7287 |
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) | 47.69 | NEUTRAL |
| Stoch RSI (14) | 48.03 | NEUTRAL |
| Stochastic Fast (14) | 24.93 | NEUTRAL |
| Commodity Channel Index (20) | 59.94 | NEUTRAL |
| Average Directional Index (14) | 23.13 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -75.07 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 41.77 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| 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 Aerodrome Finance (AERO), Mantle (MNT), Aave (AAVE), Kaspa (KAS) and Stellar (XLM) and most negatively correlated with the price of World Liberty Financial (WLFI), Toncoin (TON), Dash (DASH), Sky (SKY) and Algorand (ALGO).
| Name | Correlation |
|---|---|
| Aerodrome Finance | 0.732 |
| Mantle | 0.717 |
| Aave | 0.712 |
| Kaspa | 0.706 |
| Stellar | 0.704 |
| Name | Correlation |
|---|---|
| World Liberty Financial | -0.449 |
| Toncoin | -0.337 |
| Dash | -0.334 |
| Sky | -0.300 |
| Algorand | -0.200 |
Picasso price is positively correlated with the top 10 coins by market cap with a price of 0.428, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.379.
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.
