Based on today's classical pivot point (P1) with the value of $0.0₅3065, DAM IT has support levels of $0.0₅2943, $0.0₅2870, and the strongest at $0.0₅2749. Similarly, DAM IT resistance levels are at $0.0₅3137, $0.0₅3259, and $0.0₅3332.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅2943 | |
| S2 | $0.0₅2870 | |
| S3 | $0.0₅2749 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3137 | |
| R2 | $0.0₅3259 | |
| R3 | $0.0₅3332 |
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) | 0.19 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 12.29 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 94.52 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -87.71 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 12.29 | BUY |
| 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, DAM IT price was most positively correlated with the price of Polygon Ecosystem Token (POL), Cosmos (ATOM), Zcash (ZEC), Canton (CC) and DeXe (DEXE) and most negatively correlated with the price of Hedera Hashgraph (HBAR), Ethena (ENA), Uniswap (UNI), World Liberty Financial (WLFI) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Polygon Ecosystem Token | 0.638 |
| Cosmos | 0.628 |
| Zcash | 0.607 |
| Canton | 0.605 |
| DeXe | 0.602 |
| Name | Correlation |
|---|---|
| Hedera Hashgraph | -0.732 |
| Ethena | -0.677 |
| Uniswap | -0.638 |
| World Liberty Financial | -0.594 |
| Aave | -0.568 |
DAM IT price is positively correlated with the top 10 coins by market cap with a price of 0.013, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.005.
Currencies that are positively correlated with DAM IT 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 DAM IT, a move in one direction for DAM IT would translate into a move in the opposite direction for the negatively correlated coin.
