Based on today's classical pivot point (P1) with the value of $0.4710, Qubitcoin has support levels of $0.4518, $0.4420, and the strongest at $0.4229. Similarly, Qubitcoin resistance levels are at $0.4808, $0.4999, and $0.5097.
| # | Price | Strength |
|---|---|---|
| S1 | $0.4518 | |
| S2 | $0.4420 | |
| S3 | $0.4229 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.4808 | |
| R2 | $0.4999 | |
| R3 | $0.5097 |
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) | 21.64 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 13.98 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 26.89 | BUY |
| Awesome Oscillator (5, 34) | -0.11 | NEUTRAL |
| Momentum (10) | -0.07 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -86.02 | BUY |
| Bull Bear Power (13) | 0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.98 | NEUTRAL |
| VWMA (10) | 0.48 | SELL |
| Hull Moving Average (9) | 0.44 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.58 | NEUTRAL |
Over the past 7 days, Qubitcoin price was most positively correlated with the price of Aerodrome Finance (AERO), Immutable X (IMX), Mantle (MNT), Bitcoin SV (BSV) and Internet Computer (ICP) and most negatively correlated with the price of Midnight (NIGHT), Filecoin (FIL), Aptos (APT), Decred (DCR) and IOTA (IOTA).
| Name | Correlation |
|---|---|
| Aerodrome Finance | 0.567 |
| Immutable X | 0.547 |
| Mantle | 0.517 |
| Bitcoin SV | 0.512 |
| Internet Computer | 0.511 |
| Name | Correlation |
|---|---|
| Midnight | -0.598 |
| Filecoin | -0.587 |
| Aptos | -0.496 |
| Decred | -0.457 |
| IOTA | -0.415 |
Qubitcoin price is positively correlated with the top 10 coins by market cap with a price of 0.232, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.140.
Currencies that are positively correlated with Qubitcoin 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 Qubitcoin, a move in one direction for Qubitcoin would translate into a move in the opposite direction for the negatively correlated coin.
