Based on today's classical pivot point (P1) with the value of $0.0₅6405, DAM has support levels of $0.0₅6350, $0.0₅6266, and the strongest at $0.0₅6211. Similarly, DAM resistance levels are at $0.0₅6490, $0.0₅6545, and $0.0₅6629.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6350 | |
| S2 | $0.0₅6266 | |
| S3 | $0.0₅6211 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6490 | |
| R2 | $0.0₅6545 | |
| R3 | $0.0₅6629 |
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) | 64.68 | NEUTRAL |
| Stoch RSI (14) | 44.01 | NEUTRAL |
| Stochastic Fast (14) | 54.65 | NEUTRAL |
| Commodity Channel Index (20) | 215.13 | SELL |
| Average Directional Index (14) | 41.17 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -45.35 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 61.52 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, DAM price was most positively correlated with the price of Venice Token (VVV), NEAR Protocol (NEAR), Internet Computer (ICP), Optimism (OP) and DeXe (DEXE) and most negatively correlated with the price of Canton (CC), Beldex (BDX), Nexo (NEXO), Pi Network (PI) and KuCoin Token (KCS).
| Name | Correlation |
|---|---|
| Venice Token | 0.888 |
| NEAR Protocol | 0.865 |
| Internet Computer | 0.853 |
| Optimism | 0.841 |
| DeXe | 0.831 |
| Name | Correlation |
|---|---|
| Canton | -0.681 |
| Beldex | -0.604 |
| Nexo | -0.510 |
| Pi Network | -0.477 |
| KuCoin Token | -0.470 |
DAM price is positively correlated with the top 10 coins by market cap with a price of 0.376, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.489.
Currencies that are positively correlated with DAM 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, a move in one direction for DAM would translate into a move in the opposite direction for the negatively correlated coin.
