Based on today's classical pivot point (P1) with the value of $0.001426, DeFiChain has support levels of $0.001177, $0.0007577, and the strongest at $0.0005090. Similarly, DeFiChain resistance levels are at $0.001845, $0.002094, and $0.002513.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001177 | |
| S2 | $0.0007577 | |
| S3 | $0.0005090 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001845 | |
| R2 | $0.002094 | |
| R3 | $0.002513 |
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) | 49.08 | NEUTRAL |
| Stoch RSI (14) | 82.78 | SELL |
| Stochastic Fast (14) | 85.59 | SELL |
| Commodity Channel Index (20) | -35.09 | NEUTRAL |
| Average Directional Index (14) | 64.83 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -14.41 | SELL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 80.49 | SELL |
| 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, DeFiChain price was most positively correlated with the price of Bitcoin Cash (BCH), Shiba Inu (SHIB), KuCoin Token (KCS), Polygon Ecosystem Token (POL) and Immutable X (IMX) and most negatively correlated with the price of LEO Token (LEO), DeXe (DEXE), JUST (JST), Quant (QNT) and Kaspa (KAS).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.409 |
| Shiba Inu | 0.375 |
| KuCoin Token | 0.365 |
| Polygon Ecosystem Token | 0.365 |
| Immutable X | 0.360 |
| Name | Correlation |
|---|---|
| LEO Token | -0.340 |
| DeXe | -0.224 |
| JUST | -0.223 |
| Quant | -0.205 |
| Kaspa | -0.167 |
DeFiChain price is positively correlated with the top 10 coins by market cap with a price of 0.315, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.252.
Currencies that are positively correlated with DeFiChain 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 DeFiChain, a move in one direction for DeFiChain would translate into a move in the opposite direction for the negatively correlated coin.
