Based on today's classical pivot point (P1) with the value of $0.0006007, Shping has support levels of $0.0005984, $0.0005965, and the strongest at $0.0005942. Similarly, Shping resistance levels are at $0.0006027, $0.0006049, and $0.0006069.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0005984 | |
| S2 | $0.0005965 | |
| S3 | $0.0005942 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0006027 | |
| R2 | $0.0006049 | |
| R3 | $0.0006069 |
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) | 26.43 | BUY |
| Stoch RSI (14) | 47.24 | NEUTRAL |
| Stochastic Fast (14) | 2.20 | BUY |
| Commodity Channel Index (20) | -90.62 | NEUTRAL |
| Average Directional Index (14) | 30.57 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -97.80 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 12.32 | BUY |
| 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, Shping price was most positively correlated with the price of Quant (QNT), Polygon Ecosystem Token (POL), Immutable X (IMX), Polkadot (DOT) and Mantle (MNT) and most negatively correlated with the price of OKB (OKB), KAITO (KAITO), Aave (AAVE), Uniswap (UNI) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Quant | 0.798 |
| Polygon Ecosystem Token | 0.717 |
| Immutable X | 0.715 |
| Polkadot | 0.705 |
| Mantle | 0.701 |
| Name | Correlation |
|---|---|
| OKB | -0.527 |
| KAITO | -0.399 |
| Aave | -0.339 |
| Uniswap | -0.273 |
| LEO Token | -0.186 |
Shping price is positively correlated with the top 10 coins by market cap with a price of 0.302, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.367.
Currencies that are positively correlated with Shping 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 Shping, a move in one direction for Shping would translate into a move in the opposite direction for the negatively correlated coin.
