Based on today's classical pivot point (P1) with the value of $0.003165, Scopuly has support levels of $0.003136, $0.003108, and the strongest at $0.003079. Similarly, Scopuly resistance levels are at $0.003193, $0.003221, and $0.003250.
| # | Price | Strength |
|---|---|---|
| S1 | $0.003136 | |
| S2 | $0.003108 | |
| S3 | $0.003079 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003193 | |
| R2 | $0.003221 | |
| R3 | $0.003250 |
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) | 41.01 | NEUTRAL |
| Stoch RSI (14) | 18.50 | BUY |
| Stochastic Fast (14) | 16.00 | BUY |
| Commodity Channel Index (20) | -123.09 | BUY |
| Average Directional Index (14) | 11.68 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -84.00 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.60 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Scopuly price was most positively correlated with the price of LayerZero (ZRO), Nexo (NEXO), Bittensor (TAO), Pi Network (PI) and Immutable X (IMX) and most negatively correlated with the price of LEO Token (LEO), Zcash (ZEC), Algorand (ALGO), JUST (JST) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| LayerZero | 0.804 |
| Nexo | 0.737 |
| Bittensor | 0.732 |
| Pi Network | 0.728 |
| Immutable X | 0.722 |
| Name | Correlation |
|---|---|
| LEO Token | -0.790 |
| Zcash | -0.598 |
| Algorand | -0.580 |
| JUST | -0.565 |
| Venice Token | -0.561 |
Scopuly price is positively correlated with the top 10 coins by market cap with a price of 0.175, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.180.
Currencies that are positively correlated with Scopuly 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 Scopuly, a move in one direction for Scopuly would translate into a move in the opposite direction for the negatively correlated coin.
