Based on today's classical pivot point (P1) with the value of $0.001116, DeFiChain has support levels of $0.0009263, $0.0008139, and the strongest at $0.0006242. Similarly, DeFiChain resistance levels are at $0.001228, $0.001418, and $0.001531.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0009263 | |
| S2 | $0.0008139 | |
| S3 | $0.0006242 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001228 | |
| R2 | $0.001418 | |
| R3 | $0.001531 |
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) | 49.60 | NEUTRAL |
| Stoch RSI (14) | 53.90 | NEUTRAL |
| Stochastic Fast (14) | 70.71 | NEUTRAL |
| Commodity Channel Index (20) | 16.19 | NEUTRAL |
| Average Directional Index (14) | 20.30 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -29.29 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.09 | 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, DeFiChain price was most positively correlated with the price of Immutable X (IMX), Sun Token (SUN), Arbitrum (ARB), Cardano (ADA) and Midnight (NIGHT) and most negatively correlated with the price of DeXe (DEXE), Pendle (PENDLE), PancakeSwap (CAKE), Jito (JTO) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Immutable X | 0.599 |
| Sun Token | 0.584 |
| Arbitrum | 0.504 |
| Cardano | 0.495 |
| Midnight | 0.485 |
| Name | Correlation |
|---|---|
| DeXe | -0.624 |
| Pendle | -0.557 |
| PancakeSwap | -0.487 |
| Jito | -0.455 |
| Morpho | -0.368 |
DeFiChain price is positively correlated with the top 10 coins by market cap with a price of 0.268, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.099.
Currencies that are positively correlated with DeFiChain 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 DeFiChain, a move in one direction for DeFiChain would translate into a move in the opposite direction for the negatively correlated coin.
