Based on today's classical pivot point (P1) with the value of $0.00004878, Taco Finance has support levels of $0.00004829, $0.00004786, and the strongest at $0.00004736. Similarly, Taco Finance resistance levels are at $0.00004921, $0.00004971, and $0.00005014.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00004829 | |
| S2 | $0.00004786 | |
| S3 | $0.00004736 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00004921 | |
| R2 | $0.00004971 | |
| R3 | $0.00005014 |
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) | 31.14 | NEUTRAL |
| Stoch RSI (14) | 26.13 | NEUTRAL |
| Stochastic Fast (14) | 13.46 | BUY |
| Commodity Channel Index (20) | -148.16 | BUY |
| Average Directional Index (14) | 14.89 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -86.54 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 42.84 | NEUTRAL |
| 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, Taco Finance price was most positively correlated with the price of Pi Network (PI), Binance Coin (BNB), Litecoin (LTC), BitTorrent (BTT) and Immutable X (IMX) and most negatively correlated with the price of Kaia (KAIA), Venice Token (VVV), JUST (JST), IOTA (IOTA) and Algorand (ALGO).
| Name | Correlation |
|---|---|
| Pi Network | 0.734 |
| Binance Coin | 0.733 |
| Litecoin | 0.713 |
| BitTorrent | 0.667 |
| Immutable X | 0.664 |
| Name | Correlation |
|---|---|
| Kaia | -0.593 |
| Venice Token | -0.572 |
| JUST | -0.545 |
| IOTA | -0.535 |
| Algorand | -0.532 |
Taco Finance price is positively correlated with the top 10 coins by market cap with a price of 0.225, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.225.
Currencies that are positively correlated with Taco Finance 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 Taco Finance, a move in one direction for Taco Finance would translate into a move in the opposite direction for the negatively correlated coin.
