Based on today's classical pivot point (P1) with the value of $0.6856, BitDAO has support levels of $0.6415, $0.5894, and the strongest at $0.5454. Similarly, BitDAO resistance levels are at $0.7377, $0.7817, and $0.8338.
| # | Price | Strength |
|---|---|---|
| S1 | $0.6415 | |
| S2 | $0.5894 | |
| S3 | $0.5454 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.7377 | |
| R2 | $0.7817 | |
| R3 | $0.8338 |
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) | 61.88 | NEUTRAL |
| Stoch RSI (14) | 87.10 | SELL |
| Stochastic Fast (14) | 78.36 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 25.35 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
| Momentum (10) | 0.07 | NEUTRAL |
| MACD (12, 26) | 0.01 | NEUTRAL |
| Williams Percent Range (14) | -21.64 | NEUTRAL |
| Bull Bear Power (13) | 0.06 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.57 | NEUTRAL |
| VWMA (10) | 0.64 | BUY |
| Hull Moving Average (9) | 0.72 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.68 | NEUTRAL |
Over the past 7 days, BitDAO price was most positively correlated with the price of Bitcoin SV (BSV), Artificial Superintelligence Alliance (FET), Kaia (KAIA), Immutable X (IMX) and Mantle (MNT) and most negatively correlated with the price of Toncoin (TON), OKB (OKB), Sun Token (SUN), DeXe (DEXE) and Filecoin (FIL).
| Name | Correlation |
|---|---|
| Bitcoin SV | 0.586 |
| Artificial Superintelligence Alliance | 0.545 |
| Kaia | 0.463 |
| Immutable X | 0.443 |
| Mantle | 0.421 |
| Name | Correlation |
|---|---|
| Toncoin | -0.426 |
| OKB | -0.225 |
| Sun Token | -0.216 |
| DeXe | -0.177 |
| Filecoin | -0.169 |
BitDAO price is positively correlated with the top 10 coins by market cap with a price of 0.223, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.170.
Currencies that are positively correlated with BitDAO 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 BitDAO, a move in one direction for BitDAO would translate into a move in the opposite direction for the negatively correlated coin.
