Based on today's classical pivot point (P1) with the value of $1.01, DeSpend Governance has support levels of $1.00, $1.00, and the strongest at $0.9998. Similarly, DeSpend Governance resistance levels are at $1.01, $1.01, and $1.01.
| # | Price | Strength |
|---|---|---|
| S1 | $1.00 | |
| S2 | $1.00 | |
| S3 | $0.9998 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.01 | |
| R2 | $1.01 | |
| R3 | $1.01 |
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) | 5.23 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 0.33 | BUY |
| Commodity Channel Index (20) | -54.74 | NEUTRAL |
| Average Directional Index (14) | 83.51 | SELL |
| Awesome Oscillator (5, 34) | -2.34 | NEUTRAL |
| Momentum (10) | -0.01 | SELL |
| MACD (12, 26) | 0.05 | NEUTRAL |
| Williams Percent Range (14) | -99.67 | BUY |
| Bull Bear Power (13) | -0.88 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.43 | NEUTRAL |
| VWMA (10) | 1.01 | SELL |
| Hull Moving Average (9) | 1.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.04 | NEUTRAL |
Over the past 7 days, DeSpend Governance price was most positively correlated with the price of Polkadot (DOT), Immutable X (IMX), Monero (XMR), Sun Token (SUN) and Optimism (OP) and most negatively correlated with the price of Bittensor (TAO), Beldex (BDX), Monad (MON), Stellar (XLM) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| Polkadot | 0.806 |
| Immutable X | 0.767 |
| Monero | 0.751 |
| Sun Token | 0.726 |
| Optimism | 0.658 |
| Name | Correlation |
|---|---|
| Bittensor | -0.861 |
| Beldex | -0.842 |
| Monad | -0.786 |
| Stellar | -0.782 |
| Artificial Superintelligence Alliance | -0.773 |
DeSpend Governance price is positively correlated with the top 10 coins by market cap with a price of 0.093, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.083.
Currencies that are positively correlated with DeSpend Governance 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 DeSpend Governance, a move in one direction for DeSpend Governance would translate into a move in the opposite direction for the negatively correlated coin.
