Based on today's classical pivot point (P1) with the value of $0.0₅1990, Stable Coin has support levels of $0.0₅1913, $0.0₅1846, and the strongest at $0.0₅1770. Similarly, Stable Coin resistance levels are at $0.0₅2057, $0.0₅2133, and $0.0₅2200.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1913 | |
| S2 | $0.0₅1846 | |
| S3 | $0.0₅1770 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅2057 | |
| R2 | $0.0₅2133 | |
| R3 | $0.0₅2200 |
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) | 29.04 | BUY |
| Stoch RSI (14) | 66.50 | NEUTRAL |
| Stochastic Fast (14) | 48.40 | NEUTRAL |
| Commodity Channel Index (20) | -108.38 | BUY |
| Average Directional Index (14) | 57.18 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -51.60 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.45 | 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, Stable Coin price was most positively correlated with the price of LayerZero (ZRO), Midnight (NIGHT), XRP (XRP), Worldcoin (WLD) and Immutable X (IMX) and most negatively correlated with the price of Jupiter (JUP), Pudgy Penguins (PENGU), Terra Classic (LUNC), Pi Network (PI) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| LayerZero | 0.703 |
| Midnight | 0.684 |
| XRP | 0.658 |
| Worldcoin | 0.646 |
| Immutable X | 0.643 |
| Name | Correlation |
|---|---|
| Jupiter | -0.690 |
| Pudgy Penguins | -0.671 |
| Terra Classic | -0.671 |
| Pi Network | -0.616 |
| DeXe | -0.518 |
Stable Coin 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 0.190.
Currencies that are positively correlated with Stable Coin 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 Stable Coin, a move in one direction for Stable Coin would translate into a move in the opposite direction for the negatively correlated coin.
