Based on today's classical pivot point (P1) with the value of $0.0009396, Decentralized Mining Exchange has support levels of $0.0009026, $0.0008792, and the strongest at $0.0008422. Similarly, Decentralized Mining Exchange resistance levels are at $0.0009630, $0.001000, and $0.001023.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0009026 | |
| S2 | $0.0008792 | |
| S3 | $0.0008422 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0009630 | |
| R2 | $0.001000 | |
| R3 | $0.001023 |
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) | 47.61 | NEUTRAL |
| Stoch RSI (14) | 49.24 | NEUTRAL |
| Stochastic Fast (14) | 32.84 | NEUTRAL |
| Commodity Channel Index (20) | 111.37 | SELL |
| Average Directional Index (14) | 21.43 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -67.16 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.67 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Decentralized Mining Exchange price was most positively correlated with the price of Pendle (PENDLE), Internet Computer (ICP), Gnosis (GNO), Uniswap (UNI) and Arbitrum (ARB) and most negatively correlated with the price of Tezos (XTZ), Midnight (NIGHT), Aerodrome Finance (AERO), Cardano (ADA) and Monero (XMR).
| Name | Correlation |
|---|---|
| Pendle | 0.387 |
| Internet Computer | 0.352 |
| Gnosis | 0.322 |
| Uniswap | 0.296 |
| Arbitrum | 0.287 |
| Name | Correlation |
|---|---|
| Tezos | -0.371 |
| Midnight | -0.345 |
| Aerodrome Finance | -0.312 |
| Cardano | -0.307 |
| Monero | -0.278 |
Decentralized Mining Exchange price is negatively correlated with the top 10 coins by market cap with a price of -0.073, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.049.
Currencies that are positively correlated with Decentralized Mining Exchange 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 Decentralized Mining Exchange, a move in one direction for Decentralized Mining Exchange would translate into a move in the opposite direction for the negatively correlated coin.
