Based on today's classical pivot point (P1) with the value of $1.12, syrupUSDT has support levels of $1.11, $1.08, and the strongest at $1.06. Similarly, syrupUSDT resistance levels are at $1.15, $1.17, and $1.20.
| # | Price | Strength |
|---|---|---|
| S1 | $1.11 | |
| S2 | $1.08 | |
| S3 | $1.06 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.15 | |
| R2 | $1.17 | |
| R3 | $1.20 |
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) | 52.72 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 80.01 | SELL |
| Commodity Channel Index (20) | 20.01 | NEUTRAL |
| Average Directional Index (14) | 13.99 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -19.99 | SELL |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.16 | NEUTRAL |
| VWMA (10) | 1.12 | BUY |
| Hull Moving Average (9) | 1.13 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.10 | NEUTRAL |
Over the past 7 days, syrupUSDT price was most positively correlated with the price of Ondo Finance (ONDO), Aster (ASTER), TRON (TRX), Immutable X (IMX) and Chiliz (CHZ) and most negatively correlated with the price of Quant (QNT), Ethena (ENA), APENFT (NFT), Zcash (ZEC) and Optimism (OP).
| Name | Correlation |
|---|---|
| Ondo Finance | 0.350 |
| Aster | 0.293 |
| TRON | 0.237 |
| Immutable X | 0.207 |
| Chiliz | 0.201 |
| Name | Correlation |
|---|---|
| Quant | -0.225 |
| Ethena | -0.211 |
| APENFT | -0.205 |
| Zcash | -0.204 |
| Optimism | -0.200 |
syrupUSDT price is negatively correlated with the top 10 coins by market cap with a price of -0.029, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.058.
Currencies that are positively correlated with syrupUSDT 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 syrupUSDT, a move in one direction for syrupUSDT would translate into a move in the opposite direction for the negatively correlated coin.
