Based on today's classical pivot point (P1) with the value of $0.0₈2024, OpenDAO has support levels of $0.0₈2002, $0.0₈1982, and the strongest at $0.0₈1959. Similarly, OpenDAO resistance levels are at $0.0₈2044, $0.0₈2067, and $0.0₈2087.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₈2002 | |
| S2 | $0.0₈1982 | |
| S3 | $0.0₈1959 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₈2044 | |
| R2 | $0.0₈2067 | |
| R3 | $0.0₈2087 |
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) | 42.22 | NEUTRAL |
| Stoch RSI (14) | 17.43 | BUY |
| Stochastic Fast (14) | 12.27 | BUY |
| Commodity Channel Index (20) | -100.03 | BUY |
| Average Directional Index (14) | 10.13 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -87.73 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.15 | 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, OpenDAO price was most positively correlated with the price of Monad (MON), Bitcoin Cash (BCH), Pump.fun (PUMP), Morpho (MORPHO) and Pudgy Penguins (PENGU) and most negatively correlated with the price of Dogecoin (DOGE), Telcoin (TEL), Injective (INJ), Binance Coin (BNB) and JUST (JST).
| Name | Correlation |
|---|---|
| Monad | 0.867 |
| Bitcoin Cash | 0.853 |
| Pump.fun | 0.848 |
| Morpho | 0.845 |
| Pudgy Penguins | 0.827 |
| Name | Correlation |
|---|---|
| Dogecoin | -0.746 |
| Telcoin | -0.741 |
| Injective | -0.718 |
| Binance Coin | -0.686 |
| JUST | -0.677 |
OpenDAO price is positively correlated with the top 10 coins by market cap with a price of 0.551, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.388.
Currencies that are positively correlated with OpenDAO 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 OpenDAO, a move in one direction for OpenDAO would translate into a move in the opposite direction for the negatively correlated coin.
