Based on today's classical pivot point (P1) with the value of $0.0003864, ThetaDrop has support levels of $0.0003807, $0.0003743, and the strongest at $0.0003686. Similarly, ThetaDrop resistance levels are at $0.0003928, $0.0003986, and $0.0004050.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0003807 | |
| S2 | $0.0003743 | |
| S3 | $0.0003686 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0003928 | |
| R2 | $0.0003986 | |
| R3 | $0.0004050 |
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) | 56.76 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 92.19 | SELL |
| Commodity Channel Index (20) | 192.74 | SELL |
| Average Directional Index (14) | 12.92 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -7.81 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.48 | 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), Immutable X (IMX), Canton (CC), Optimism (OP) and Stacks (STX) 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 | 0.955 |
| Immutable X | 0.925 |
| Canton | 0.899 |
| Optimism | 0.899 |
| Stacks | 0.898 |
| Name | Correlation |
|---|---|
| JUST | -0.542 |
| World Liberty Financial | -0.177 |
| APENFT | -0.000 |
| Beldex | 0.082 |
| LEO Token | 0.418 |
ThetaDrop price is positively correlated with the top 10 coins by market cap with a price of 0.808, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.774.
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.
