Based on today's classical pivot point (P1) with the value of $0.0₇4581, Shrek ERC has support levels of $0.0₇4548, $0.0₇4489, and the strongest at $0.0₇4455. Similarly, Shrek ERC resistance levels are at $0.0₇4640, $0.0₇4674, and $0.0₇4732.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇4548 | |
| S2 | $0.0₇4489 | |
| S3 | $0.0₇4455 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇4640 | |
| R2 | $0.0₇4674 | |
| R3 | $0.0₇4732 |
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) | 73.26 | SELL |
| Stoch RSI (14) | 11.04 | BUY |
| Stochastic Fast (14) | 67.04 | NEUTRAL |
| Commodity Channel Index (20) | 49.28 | NEUTRAL |
| Average Directional Index (14) | 60.92 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -32.96 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.97 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Shrek ERC price was most positively correlated with the price of DeXe (DEXE), Arbitrum (ARB), Midnight (NIGHT), XDC Network (XDC) and LayerZero (ZRO) and most negatively correlated with the price of Nexo (NEXO), Injective (INJ), Gnosis (GNO), Bittensor (TAO) and Ethereum (ETH).
| Name | Correlation |
|---|---|
| DeXe | 0.832 |
| Arbitrum | 0.733 |
| Midnight | 0.665 |
| XDC Network | 0.660 |
| LayerZero | 0.642 |
| Name | Correlation |
|---|---|
| Nexo | -0.673 |
| Injective | -0.585 |
| Gnosis | -0.531 |
| Bittensor | -0.465 |
| Ethereum | -0.410 |
Shrek ERC price is positively correlated with the top 10 coins by market cap with a price of 0.187, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.075.
Currencies that are positively correlated with Shrek ERC 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 Shrek ERC, a move in one direction for Shrek ERC would translate into a move in the opposite direction for the negatively correlated coin.
