Based on today's classical pivot point (P1) with the value of $0.0₅3425, DAM IT has support levels of $0.0₅2912, $0.0₅2639, and the strongest at $0.0₅2126. Similarly, DAM IT resistance levels are at $0.0₅3699, $0.0₅4212, and $0.0₅4486.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅2912 | |
| S2 | $0.0₅2639 | |
| S3 | $0.0₅2126 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3699 | |
| R2 | $0.0₅4212 | |
| R3 | $0.0₅4486 |
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) | 2.33 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 4.40 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 43.61 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -95.60 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 4.40 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | NEUTRAL | |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, DAM IT price was most positively correlated with the price of TRON (TRX), Sun Token (SUN), Bittensor (TAO), Bitcoin Cash (BCH) and APENFT (NFT) and most negatively correlated with the price of IOTA (IOTA), Injective (INJ), Stellar (XLM), Algorand (ALGO) and Hedera Hashgraph (HBAR).
| Name | Correlation |
|---|---|
| TRON | 0.779 |
| Sun Token | 0.747 |
| Bittensor | 0.726 |
| Bitcoin Cash | 0.693 |
| APENFT | 0.683 |
| Name | Correlation |
|---|---|
| IOTA | -0.855 |
| Injective | -0.847 |
| Stellar | -0.837 |
| Algorand | -0.760 |
| Hedera Hashgraph | -0.743 |
DAM IT price is positively correlated with the top 10 coins by market cap with a price of 0.360, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.280.
Currencies that are positively correlated with DAM IT 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 DAM IT, a move in one direction for DAM IT would translate into a move in the opposite direction for the negatively correlated coin.
