Based on today's classical pivot point (P1) with the value of $0.0₅4298, trash can has support levels of $0.0₅4078, $0.0₅3720, and the strongest at $0.0₅3501. Similarly, trash can resistance levels are at $0.0₅4656, $0.0₅4876, and $0.0₅5234.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4078 | |
| S2 | $0.0₅3720 | |
| S3 | $0.0₅3501 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅4656 | |
| R2 | $0.0₅4876 | |
| R3 | $0.0₅5234 |
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) | 73.33 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 88.66 | SELL |
| Commodity Channel Index (20) | 292.59 | SELL |
| Average Directional Index (14) | 18.11 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -11.34 | SELL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 61.13 | 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, trash can price was most positively correlated with the price of Solana (SOL), Ethereum (ETH), Arbitrum (ARB), KuCoin Token (KCS) and Render Token (RENDER) and most negatively correlated with the price of Sun Token (SUN), APENFT (NFT), JUST (JST), Jasmy (JASMY) and Immutable X (IMX).
| Name | Correlation |
|---|---|
| Solana | 0.980 |
| Ethereum | 0.979 |
| Arbitrum | 0.977 |
| KuCoin Token | 0.974 |
| Render Token | 0.961 |
| Name | Correlation |
|---|---|
| Sun Token | -0.630 |
| APENFT | -0.447 |
| JUST | -0.422 |
| Jasmy | -0.154 |
| Immutable X | -0.108 |
trash can price is positively correlated with the top 10 coins by market cap with a price of 0.827, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.728.
Currencies that are positively correlated with trash can 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 trash can, a move in one direction for trash can would translate into a move in the opposite direction for the negatively correlated coin.
