Based on today's classical pivot point (P1) with the value of $0.0007345, BakerySwap has support levels of $0.0006706, $0.0006073, and the strongest at $0.0005434. Similarly, BakerySwap resistance levels are at $0.0007978, $0.0008617, and $0.0009249.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0006706 | |
| S2 | $0.0006073 | |
| S3 | $0.0005434 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0007978 | |
| R2 | $0.0008617 | |
| R3 | $0.0009249 |
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) | 46.32 | NEUTRAL |
| Stoch RSI (14) | 55.64 | NEUTRAL |
| Stochastic Fast (14) | 15.88 | BUY |
| Commodity Channel Index (20) | 7.42 | NEUTRAL |
| Average Directional Index (14) | 29.99 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -84.12 | BUY |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 26.19 | BUY |
| 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, BakerySwap price was most positively correlated with the price of Mantle (MNT), XRP (XRP), Immutable X (IMX), Stellar (XLM) and Solana (SOL) and most negatively correlated with the price of Pudgy Penguins (PENGU), JUST (JST), Terra Classic (LUNC), Morpho (MORPHO) and Dogecoin (DOGE).
| Name | Correlation |
|---|---|
| Mantle | 0.893 |
| XRP | 0.858 |
| Immutable X | 0.854 |
| Stellar | 0.852 |
| Solana | 0.843 |
| Name | Correlation |
|---|---|
| Pudgy Penguins | -0.795 |
| JUST | -0.746 |
| Terra Classic | -0.743 |
| Morpho | -0.615 |
| Dogecoin | -0.523 |
BakerySwap price is positively correlated with the top 10 coins by market cap with a price of 0.398, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.372.
Currencies that are positively correlated with BakerySwap 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 BakerySwap, a move in one direction for BakerySwap would translate into a move in the opposite direction for the negatively correlated coin.
