Based on today's classical pivot point (P1) with the value of $0.00001770, Shermie has support levels of $0.00001627, $0.00001555, and the strongest at $0.00001412. Similarly, Shermie resistance levels are at $0.00001842, $0.00001985, and $0.00002057.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00001627 | |
| S2 | $0.00001555 | |
| S3 | $0.00001412 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001842 | |
| R2 | $0.00001985 | |
| R3 | $0.00002057 |
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) | 49.30 | NEUTRAL |
| Stoch RSI (14) | 94.12 | SELL |
| Stochastic Fast (14) | 38.85 | NEUTRAL |
| Commodity Channel Index (20) | 26.67 | NEUTRAL |
| Average Directional Index (14) | 50.92 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -61.15 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 12.62 | BUY |
| 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, Shermie price was most positively correlated with the price of Celestia (TIA), Conflux (CFX), Injective (INJ), Ethena (ENA) and Immutable X (IMX) and most negatively correlated with the price of Zcash (ZEC), JUST (JST), Midnight (NIGHT), Decred (DCR) and Dash (DASH).
| Name | Correlation |
|---|---|
| Celestia | 0.789 |
| Conflux | 0.778 |
| Injective | 0.772 |
| Ethena | 0.765 |
| Immutable X | 0.763 |
| Name | Correlation |
|---|---|
| Zcash | -0.639 |
| JUST | -0.545 |
| Midnight | -0.446 |
| Decred | -0.443 |
| Dash | -0.434 |
Shermie price is positively correlated with the top 10 coins by market cap with a price of 0.365, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.336.
Currencies that are positively correlated with Shermie 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 Shermie, a move in one direction for Shermie would translate into a move in the opposite direction for the negatively correlated coin.
