Image of SHM
SHMShardeum
$0.00003744
-0.59%
1D

Shardeum Analysis

Investment Score
A quick view into Shardeum's investment prospects.
6.5

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed 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: 59%
Why this state?
  • SHM is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • 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 49.48, 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
$0.00003804 - $0.00003859
Support zone
$0.00003727 - $0.00003760
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
$0.00003727 - $0.00003760
Resistance zone
$0.00003804 - $0.00003859
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.00003727 - $0.00003760
Support 2$0.00003621 - $0.00003662
Support 3$0.00003575 - $0.00003616
Support 4$0.00003458 - $0.00003517
Resistance 1$0.00003804 - $0.00003859
Resistance 2$0.00003922 - $0.00003963
Resistance 3$0.00004147 - $0.00004188
Scenario Analysis
Bullish scenario

SHM clears the resistance zone at $0.00003804 - $0.00003859 and holds above it. That would strengthen the breakout case and shift attention to $0.00003922 - $0.00003963.

Bearish scenario

SHM loses the support zone at $0.00003727 - $0.00003760. That would weaken the setup and open the way toward $0.00003621 - $0.00003662.

Neutral scenario

SHM continues trading between $0.00003760 and $0.00003804. 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
$0.00003776
Bearish
SHM is trading below the 50-day average.
SMA200
$0.00004289
Bearish
SHM remains below the long-term trend line.
EMA50
$0.00003743
Bullish
SHM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.003249
Bearish
SHM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
49.48
Neutral
RSI (14) is at 49.48, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₆1507
Bearish
MACD is below its signal line.
ATR
1.09%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00003790
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-71.93
Neutral
CCI (20) is at -71.93, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₆1141
Bullish
Awesome Oscillator is above zero at $0.0₆1141, which supports bullish momentum.
Williams Percent Range (14)
-67.61
Neutral
Williams Percent Range (14) is at -67.61, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-1.297e-7
Bearish
Bull Bear Power (13) is negative at $-1.297e-7, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
55.30
Neutral
Ultimate Oscillator is at 55.30, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00003785
Bearish
SHM is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.00003781
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 Decred (DCR), Gnosis (GNO), TRON (TRX), Monero (XMR) and Pump.fun (PUMP) and most negatively correlated with the price of Beldex (BDX), StarkNet (STRK), Aptos (APT), XDC Network (XDC) and Celestia (TIA).

Positively Correlated Currencies
NameCorrelation
Image of DecredDecred0.660
Image of GnosisGnosis0.513
Image of TRONTRON0.508
Image of MoneroMonero0.451
Image of Pump.funPump.fun0.447
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.736
Image of StarkNetStarkNet-0.659
Image of AptosAptos-0.609
Image of XDC NetworkXDC Network-0.574
Image of CelestiaCelestia-0.557

Shardeum price is negatively correlated with the top 10 coins by market cap with a price of -0.060, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.030. 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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