Based on today's classical pivot point (P1) with the value of $0.001683, BlockDAG has support levels of $0.001428, $0.001186, and the strongest at $0.0009315. Similarly, BlockDAG resistance levels are at $0.001925, $0.002179, and $0.002422.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001428 | |
| S2 | $0.001186 | |
| S3 | $0.0009315 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001925 | |
| R2 | $0.002179 | |
| R3 | $0.002422 |
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) | 19.63 | BUY |
| Stoch RSI (14) | 7.60 | BUY |
| Stochastic Fast (14) | 0.48 | BUY |
| Commodity Channel Index (20) | -65.44 | NEUTRAL |
| Average Directional Index (14) | 57.19 | SELL |
| Awesome Oscillator (5, 34) | NEUTRAL | |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | NEUTRAL | |
| Williams Percent Range (14) | -99.52 | BUY |
| Bull Bear Power (13) | -0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 28.76 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.08 | NEUTRAL |
Over the past 7 days, BlockDAG price was most positively correlated with the price of Canton (CC), Immutable X (IMX), Aptos (APT), Nexo (NEXO) and Hyperliquid (HYPE) and most negatively correlated with the price of Algorand (ALGO), Venice Token (VVV), IOTA (IOTA), Kaia (KAIA) and Bitcoin SV (BSV).
| Name | Correlation |
|---|---|
| Canton | 0.886 |
| Immutable X | 0.855 |
| Aptos | 0.837 |
| Nexo | 0.832 |
| Hyperliquid | 0.799 |
| Name | Correlation |
|---|---|
| Algorand | -0.915 |
| Venice Token | -0.862 |
| IOTA | -0.844 |
| Kaia | -0.841 |
| Bitcoin SV | -0.793 |
BlockDAG price is positively correlated with the top 10 coins by market cap with a price of 0.096, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.087.
Currencies that are positively correlated with BlockDAG 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 BlockDAG, a move in one direction for BlockDAG would translate into a move in the opposite direction for the negatively correlated coin.
