Based on today's classical pivot point (P1) with the value of $0.0004271, Scorum has support levels of $0.0004247, $0.0004206, and the strongest at $0.0004182. Similarly, Scorum resistance levels are at $0.0004312, $0.0004336, and $0.0004377.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0004247 | |
| S2 | $0.0004206 | |
| S3 | $0.0004182 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0004312 | |
| R2 | $0.0004336 | |
| R3 | $0.0004377 |
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) | 43.44 | NEUTRAL |
| Stoch RSI (14) | 32.18 | NEUTRAL |
| Stochastic Fast (14) | 27.07 | NEUTRAL |
| Commodity Channel Index (20) | -149.74 | BUY |
| Average Directional Index (14) | 13.14 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -72.93 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.05 | 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, Scorum price was most positively correlated with the price of Cosmos (ATOM), VeChain (VET), Morpho (MORPHO), Immutable X (IMX) and Bitcoin SV (BSV) and most negatively correlated with the price of LEO Token (LEO), Ondo Finance (ONDO), Midnight (NIGHT), Beldex (BDX) and TRON (TRX).
| Name | Correlation |
|---|---|
| Cosmos | 0.747 |
| VeChain | 0.729 |
| Morpho | 0.706 |
| Immutable X | 0.703 |
| Bitcoin SV | 0.703 |
| Name | Correlation |
|---|---|
| LEO Token | -0.580 |
| Ondo Finance | -0.469 |
| Midnight | -0.272 |
| Beldex | -0.264 |
| TRON | -0.222 |
Scorum price is positively correlated with the top 10 coins by market cap with a price of 0.474, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.433.
Currencies that are positively correlated with Scorum 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 Scorum, a move in one direction for Scorum would translate into a move in the opposite direction for the negatively correlated coin.
