Based on today's classical pivot point (P1) with the value of $0.0003940, ThetaDrop has support levels of $0.0003885, $0.0003780, and the strongest at $0.0003726. Similarly, ThetaDrop resistance levels are at $0.0004045, $0.0004099, and $0.0004204.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0003885 | |
| S2 | $0.0003780 | |
| S3 | $0.0003726 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0004045 | |
| R2 | $0.0004099 | |
| R3 | $0.0004204 |
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) | 60.84 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 99.39 | SELL |
| Commodity Channel Index (20) | 211.83 | SELL |
| Average Directional Index (14) | 12.80 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -0.61 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 60.31 | 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, ThetaDrop price was most positively correlated with the price of Decred (DCR), Convex Finance (CVX), Immutable X (IMX), Stacks (STX) and Aave (AAVE) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), APENFT (NFT), Beldex (BDX) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Decred | 0.961 |
| Convex Finance | 0.941 |
| Immutable X | 0.936 |
| Stacks | 0.922 |
| Aave | 0.921 |
| Name | Correlation |
|---|---|
| JUST | -0.637 |
| World Liberty Financial | -0.280 |
| APENFT | -0.022 |
| Beldex | 0.101 |
| LEO Token | 0.438 |
ThetaDrop price is positively correlated with the top 10 coins by market cap with a price of 0.828, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.796.
Currencies that are positively correlated with ThetaDrop 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 ThetaDrop, a move in one direction for ThetaDrop would translate into a move in the opposite direction for the negatively correlated coin.
