Based on today's classical pivot point (P1) with the value of $0.0003350, Stablecoin has support levels of $0.0002942, $0.0002722, and the strongest at $0.0002314. Similarly, Stablecoin resistance levels are at $0.0003570, $0.0003978, and $0.0004198.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0002942 | |
| S2 | $0.0002722 | |
| S3 | $0.0002314 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0003570 | |
| R2 | $0.0003978 | |
| R3 | $0.0004198 |
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) | 17.97 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 1.68 | BUY |
| Commodity Channel Index (20) | -139.45 | BUY |
| Average Directional Index (14) | 51.43 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -98.32 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 33.06 | 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, Stablecoin price was most positively correlated with the price of NEAR Protocol (NEAR), Polkadot (DOT), Cosmos (ATOM), Immutable X (IMX) and Flare (FLR) and most negatively correlated with the price of Monad (MON), Bittensor (TAO), Beldex (BDX), Artificial Superintelligence Alliance (FET) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| NEAR Protocol | 0.770 |
| Polkadot | 0.761 |
| Cosmos | 0.740 |
| Immutable X | 0.736 |
| Flare | 0.700 |
| Name | Correlation |
|---|---|
| Monad | -0.762 |
| Bittensor | -0.661 |
| Beldex | -0.638 |
| Artificial Superintelligence Alliance | -0.586 |
| Venice Token | -0.553 |
Stablecoin price is positively correlated with the top 10 coins by market cap with a price of 0.127, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.091.
Currencies that are positively correlated with Stablecoin 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 Stablecoin, a move in one direction for Stablecoin would translate into a move in the opposite direction for the negatively correlated coin.
