Image of SHM
SHMShardeum
$0.00003796
-0.14%
1D

Shardeum Analysis

Investment Score
A quick view into Shardeum's investment prospects.
5.5

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Sideways Quiet
Confidence: 58%
Why this state?
  • SHM is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
SHM is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 50.14, which is neither overbought nor oversold.
Volatility
Quiet
SHM ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00003807 - $0.00003883
Support zone
$0.00003699 - $0.00003770
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Shardeum support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00003699 - $0.00003770
Resistance zone
$0.00003807 - $0.00003883
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00003699 - $0.00003770
Support 2$0.00003618 - $0.00003664
Support 3$0.00003572 - $0.00003618
Support 4$0.00003413 - $0.00003519
Resistance 1$0.00003807 - $0.00003883
Resistance 2$0.00003919 - $0.00003965
Resistance 3$0.00004145 - $0.00004191
Scenario Analysis
Bullish scenario

SHM clears the resistance zone at $0.00003807 - $0.00003883 and holds above it. That would strengthen the breakout case and shift attention to $0.00003919 - $0.00003965.

Bearish scenario

SHM loses the support zone at $0.00003699 - $0.00003770. That would weaken the setup and open the way toward $0.00003618 - $0.00003664.

Neutral scenario

SHM continues trading between $0.00003770 and $0.00003807. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.00003788
Bullish
SHM is trading above the 50-day average.
SMA200
$0.00004087
Bearish
SHM remains below the long-term trend line.
EMA50
$0.00003774
Bullish
SHM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.002667
Bearish
SHM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
50.14
Neutral
RSI (14) is at 50.14, which keeps momentum in a balanced range.
Stoch RSI (14)
23.05
Neutral
Stoch RSI (14) is at 23.05, which suggests momentum is active but not yet extreme.
MACD
0.0₆1047
Bearish
MACD is below its signal line.
ATR
1.21%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00003793
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
8.57
Neutral
CCI (20) is at 8.57, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₆2264
Bullish
Awesome Oscillator is above zero at $0.0₆2264, which supports bullish momentum.
Williams Percent Range (14)
-65.18
Neutral
Williams Percent Range (14) is at -65.18, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-7.509e-8
Bearish
Bull Bear Power (13) is negative at $-7.509e-8, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
40.16
Neutral
Ultimate Oscillator is at 40.16, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00003803
Bearish
SHM is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00003812
Bearish
SHM is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Shardeum

Over the past 7 days, Shardeum price was most positively correlated with the price of Sei (SEI), Monad (MON), Jupiter (JUP), Cosmos (ATOM) and Algorand (ALGO) and most negatively correlated with the price of Hyperliquid (HYPE), Pi Network (PI), Plasma (XPL), LEO Token (LEO) and Pepe Coin (PEPE).

Positively Correlated Currencies
NameCorrelation
Image of SeiSei0.810
Image of MonadMonad0.809
Image of JupiterJupiter0.803
Image of CosmosCosmos0.799
Image of AlgorandAlgorand0.799
Negatively Correlated Currencies
NameCorrelation
Image of HyperliquidHyperliquid-0.623
Image of Pi NetworkPi Network-0.509
Image of PlasmaPlasma-0.405
Image of LEO TokenLEO Token-0.401
Image of Pepe CoinPepe Coin-0.364

Shardeum price is positively correlated with the top 10 coins by market cap with a price of 0.609, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.518. Currencies that are positively correlated with Shardeum 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 Shardeum, a move in one direction for Shardeum would translate into a move in the opposite direction for the negatively correlated coin.

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