Based on today's classical pivot point (P1) with the value of $60.84, BlazeStake Staked SOL has support levels of $59.47, $58.11, and the strongest at $56.74. Similarly, BlazeStake Staked SOL resistance levels are at $62.21, $63.58, and $64.95.
| # | Price | Strength |
|---|---|---|
| S1 | $59.47 | |
| S2 | $58.11 | |
| S3 | $56.74 |
| # | Price | Strength |
|---|---|---|
| R1 | $62.21 | |
| R2 | $63.58 | |
| R3 | $64.95 |
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) | 33.00 | NEUTRAL |
| Stoch RSI (14) | 68.15 | NEUTRAL |
| Stochastic Fast (14) | 10.70 | BUY |
| Commodity Channel Index (20) | -116.31 | BUY |
| Average Directional Index (14) | 36.45 | SELL |
| Awesome Oscillator (5, 34) | -10.91 | NEUTRAL |
| Momentum (10) | -4.39 | NEUTRAL |
| MACD (12, 26) | 2.05 | NEUTRAL |
| Williams Percent Range (14) | -89.30 | BUY |
| Bull Bear Power (13) | -7.85 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.81 | NEUTRAL |
| VWMA (10) | 64.77 | SELL |
| Hull Moving Average (9) | 59.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 73.32 | NEUTRAL |
Over the past 7 days, BlazeStake Staked SOL price was most positively correlated with the price of Optimism (OP), Internet Computer (ICP), Polkadot (DOT), BitTorrent (BTT) and Immutable X (IMX) and most negatively correlated with the price of DeXe (DEXE), LEO Token (LEO), World Liberty Financial (WLFI), Bittensor (TAO) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Optimism | 0.764 |
| Internet Computer | 0.718 |
| Polkadot | 0.714 |
| BitTorrent | 0.703 |
| Immutable X | 0.696 |
| Name | Correlation |
|---|---|
| DeXe | -0.626 |
| LEO Token | -0.595 |
| World Liberty Financial | -0.547 |
| Bittensor | -0.500 |
| Beldex | -0.413 |
BlazeStake Staked SOL price is positively correlated with the top 10 coins by market cap with a price of 0.266, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.257.
Currencies that are positively correlated with BlazeStake Staked SOL 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 BlazeStake Staked SOL, a move in one direction for BlazeStake Staked SOL would translate into a move in the opposite direction for the negatively correlated coin.
