Based on today's classical pivot point (P1) with the value of $0.0₅9428, Taboo has support levels of $0.0₅8526, $0.0₅8047, and the strongest at $0.0₅7144. Similarly, Taboo resistance levels are at $0.0₅9907, $0.00001081, and $0.00001129.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8526 | |
| S2 | $0.0₅8047 | |
| S3 | $0.0₅7144 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9907 | |
| R2 | $0.00001081 | |
| R3 | $0.00001129 |
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) | 33.22 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 2.36 | BUY |
| Commodity Channel Index (20) | -287.25 | BUY |
| Average Directional Index (14) | 16.32 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -97.64 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.99 | 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, Taboo price was most positively correlated with the price of Ethereum (ETH), Aave (AAVE), Avalanche (AVAX), Shiba Inu (SHIB) and Bonk (BONK) and most negatively correlated with the price of Worldcoin (WLD), DeXe (DEXE), Ethena (ENA), Beldex (BDX) and Ondo Finance (ONDO).
| Name | Correlation |
|---|---|
| Ethereum | 0.934 |
| Aave | 0.933 |
| Avalanche | 0.930 |
| Shiba Inu | 0.923 |
| Bonk | 0.920 |
| Name | Correlation |
|---|---|
| Worldcoin | -0.555 |
| DeXe | -0.421 |
| Ethena | -0.251 |
| Beldex | 0.059 |
| Ondo Finance | 0.181 |
Taboo price is positively correlated with the top 10 coins by market cap with a price of 0.895, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.767.
Currencies that are positively correlated with Taboo 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 Taboo, a move in one direction for Taboo would translate into a move in the opposite direction for the negatively correlated coin.
