Image of BAKKT
BAKKTBakkt
$0.00003806
-6.13%
1D

Bakkt Analysis

Investment Score
A quick view into Bakkt's investment prospects.
8.7

The setup looks very strong, with broad technical confirmation still supporting the current structure.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Volatile
Confidence: 95%
Why this state?
  • BAKKT is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
BAKKT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 56.24, which is neither overbought nor oversold.
Volatility
Volatile
BAKKT ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00006554 - $0.00007019
Active zone
$0.00003636 - $0.00004046
Support zone
$0.00002007 - $0.00003536
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Bakkt support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00002007 - $0.00003536
Resistance zone
$0.00006554 - $0.00007019
Active zone
$0.00003636 - $0.00004046
Levels Table
LevelZoneStrength
Support 1$0.00002007 - $0.00003536
Resistance 1$0.00006554 - $0.00007019
Active 1$0.00003636 - $0.00004046
Scenario Analysis
Bullish scenario

BAKKT clears the resistance zone at $0.00006554 - $0.00007019 and holds above it. That would strengthen the breakout case and shift attention to $0.00006554 - $0.00007019.

Bearish scenario

BAKKT loses the support zone at $0.00002007 - $0.00003536. That would weaken the setup and open the way toward $0.00002007 - $0.00003536.

Neutral scenario

BAKKT continues trading between $0.00003536 and $0.00006554. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.00003380
Bullish
BAKKT is trading above the 50-day average.
SMA200
$0.00002954
Bullish
BAKKT remains above the long-term trend line.
EMA50
$0.00003413
Bullish
BAKKT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.00004136
Bearish
BAKKT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
56.24
Neutral
RSI (14) is at 56.24, which keeps momentum in a balanced range.
Stoch RSI (14)
65.66
Neutral
Stoch RSI (14) is at 65.66, which suggests momentum is active but not yet extreme.
MACD
0.0₅1156
Bullish
MACD is above its signal line.
ATR
6.86%
Volatile
Volatility is above its 180-day median.
VWMA
$0.00003496
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
97.90
Neutral
CCI (20) is at 97.90, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₅2353
Bullish
Awesome Oscillator is above zero at $0.0₅2353, which supports bullish momentum.
Williams Percent Range (14)
-34.62
Neutral
Williams Percent Range (14) is at -34.62, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅1666
Bullish
Bull Bear Power (13) is positive at $0.0₅1666, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.80
Neutral
Ultimate Oscillator is at 42.80, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00003805
Bearish
BAKKT is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00003634
Bullish
BAKKT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Bakkt

Over the past 7 days, Bakkt price was most positively correlated with the price of Solana (SOL), Render Token (RENDER), Polygon Ecosystem Token (POL), Conflux (CFX) and Jito (JTO) and most negatively correlated with the price of TRON (TRX), Decred (DCR), Sun Token (SUN), Hyperliquid (HYPE) and Venice Token (VVV).

Positively Correlated Currencies
NameCorrelation
Image of SolanaSolana0.925
Image of Render TokenRender Token0.848
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.845
Image of ConfluxConflux0.841
Image of JitoJito0.835
Negatively Correlated Currencies
NameCorrelation
Image of TRONTRON-0.634
Image of DecredDecred-0.164
Image of Sun TokenSun Token-0.135
Image of HyperliquidHyperliquid-0.084
Image of Venice TokenVenice Token-0.060

Bakkt price is positively correlated with the top 10 coins by market cap with a price of 0.556, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.481. Currencies that are positively correlated with Bakkt 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 Bakkt, a move in one direction for Bakkt would translate into a move in the opposite direction for the negatively correlated coin.

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