Based on today's classical pivot point (P1) with the value of $0.0₅6550, DAM has support levels of $0.0₅6141, $0.0₅5820, and the strongest at $0.0₅5411. Similarly, DAM resistance levels are at $0.0₅6871, $0.0₅7280, and $0.0₅7600.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6141 | |
| S2 | $0.0₅5820 | |
| S3 | $0.0₅5411 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6871 | |
| R2 | $0.0₅7280 | |
| R3 | $0.0₅7600 |
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) | 60.98 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 43.90 | NEUTRAL |
| Commodity Channel Index (20) | 301.26 | SELL |
| Average Directional Index (14) | 32.19 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -56.10 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.85 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, DAM price was most positively correlated with the price of Monad (MON), Bittensor (TAO), Venice Token (VVV), Beldex (BDX) and TRON (TRX) and most negatively correlated with the price of Polkadot (DOT), NEAR Protocol (NEAR), Flare (FLR), Cosmos (ATOM) and Immutable X (IMX).
| Name | Correlation |
|---|---|
| Monad | 0.655 |
| Bittensor | 0.632 |
| Venice Token | 0.610 |
| Beldex | 0.600 |
| TRON | 0.590 |
| Name | Correlation |
|---|---|
| Polkadot | -0.770 |
| NEAR Protocol | -0.749 |
| Flare | -0.743 |
| Cosmos | -0.737 |
| Immutable X | -0.696 |
DAM price is negatively correlated with the top 10 coins by market cap with a price of -0.139, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.119.
Currencies that are positively correlated with DAM 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, a move in one direction for DAM would translate into a move in the opposite direction for the negatively correlated coin.
