Based on today's classical pivot point (P1) with the value of $0.0₅8397, Project Hive has support levels of $0.0₅7950, $0.0₅7464, and the strongest at $0.0₅7017. Similarly, Project Hive resistance levels are at $0.0₅8883, $0.0₅9330, and $0.0₅9816.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7950 | |
| S2 | $0.0₅7464 | |
| S3 | $0.0₅7017 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8883 | |
| R2 | $0.0₅9330 | |
| R3 | $0.0₅9816 |
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) | 45.27 | NEUTRAL |
| Stoch RSI (14) | 71.04 | NEUTRAL |
| Stochastic Fast (14) | 38.79 | NEUTRAL |
| Commodity Channel Index (20) | -83.55 | NEUTRAL |
| Average Directional Index (14) | 30.03 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -61.21 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 34.99 | 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, Project Hive price was most positively correlated with the price of Mantle (MNT), Aerodrome Finance (AERO), Aster (ASTER), Injective (INJ) and Gnosis (GNO) and most negatively correlated with the price of APENFT (NFT), LEO Token (LEO), Sun Token (SUN), JUST (JST) and Jito (JTO).
| Name | Correlation |
|---|---|
| Mantle | 0.436 |
| Aerodrome Finance | 0.428 |
| Aster | 0.405 |
| Injective | 0.403 |
| Gnosis | 0.401 |
| Name | Correlation |
|---|---|
| APENFT | -0.435 |
| LEO Token | -0.351 |
| Sun Token | -0.270 |
| JUST | -0.121 |
| Jito | -0.056 |
Project Hive price is positively correlated with the top 10 coins by market cap with a price of 0.264, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.215.
Currencies that are positively correlated with Project Hive 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 Project Hive, a move in one direction for Project Hive would translate into a move in the opposite direction for the negatively correlated coin.
