Based on today's classical pivot point (P1) with the value of $0.008816, Dragonchain has support levels of $0.008564, $0.008126, and the strongest at $0.007873. Similarly, Dragonchain resistance levels are at $0.009254, $0.009507, and $0.009944.
| # | Price | Strength |
|---|---|---|
| S1 | $0.008564 | |
| S2 | $0.008126 | |
| S3 | $0.007873 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.009254 | |
| R2 | $0.009507 | |
| R3 | $0.009944 |
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) | 42.13 | NEUTRAL |
| Stoch RSI (14) | 24.41 | NEUTRAL |
| Stochastic Fast (14) | 30.96 | NEUTRAL |
| Commodity Channel Index (20) | -149.49 | BUY |
| Average Directional Index (14) | 16.43 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -69.04 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 50.28 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Dragonchain price was most positively correlated with the price of BitTorrent (BTT), Bitcoin SV (BSV), Immutable X (IMX), Pump.fun (PUMP) and GateToken (GT) and most negatively correlated with the price of JUST (JST), DeXe (DEXE), LEO Token (LEO), Sun Token (SUN) and Zebec Network (ZBCN).
| Name | Correlation |
|---|---|
| BitTorrent | 0.800 |
| Bitcoin SV | 0.790 |
| Immutable X | 0.759 |
| Pump.fun | 0.755 |
| GateToken | 0.752 |
| Name | Correlation |
|---|---|
| JUST | -0.643 |
| DeXe | -0.631 |
| LEO Token | -0.631 |
| Sun Token | -0.517 |
| Zebec Network | -0.336 |
Dragonchain price is positively correlated with the top 10 coins by market cap with a price of 0.574, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.542.
Currencies that are positively correlated with Dragonchain 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 Dragonchain, a move in one direction for Dragonchain would translate into a move in the opposite direction for the negatively correlated coin.
