Based on today's classical pivot point (P1) with the value of $1.01, DeSpend Governance has support levels of $1.01, $1.00, and the strongest at $1.00. Similarly, DeSpend Governance resistance levels are at $1.01, $1.01, and $1.01.
| # | Price | Strength |
|---|---|---|
| S1 | $1.01 | |
| S2 | $1.00 | |
| S3 | $1.00 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.01 | |
| R2 | $1.01 | |
| R3 | $1.01 |
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) | 5.23 | BUY |
| Stoch RSI (14) | 17.41 | BUY |
| Stochastic Fast (14) | 0.39 | BUY |
| Commodity Channel Index (20) | -58.96 | NEUTRAL |
| Average Directional Index (14) | 82.89 | SELL |
| Awesome Oscillator (5, 34) | -2.45 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.02 | BUY |
| Williams Percent Range (14) | -99.61 | BUY |
| Bull Bear Power (13) | -1.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.32 | NEUTRAL |
| VWMA (10) | 1.02 | SELL |
| Hull Moving Average (9) | 1.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.04 | NEUTRAL |
Over the past 7 days, DeSpend Governance price was most positively correlated with the price of Sun Token (SUN), JUST (JST), Monero (XMR), Immutable X (IMX) and World Liberty Financial (WLFI) and most negatively correlated with the price of Ondo Finance (ONDO), XDC Network (XDC), Stellar (XLM), Hyperliquid (HYPE) and Monad (MON).
| Name | Correlation |
|---|---|
| Sun Token | 0.599 |
| JUST | 0.536 |
| Monero | 0.474 |
| Immutable X | 0.310 |
| World Liberty Financial | 0.259 |
| Name | Correlation |
|---|---|
| Ondo Finance | -0.604 |
| XDC Network | -0.586 |
| Stellar | -0.574 |
| Hyperliquid | -0.570 |
| Monad | -0.551 |
DeSpend Governance price is negatively correlated with the top 10 coins by market cap with a price of -0.141, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.123.
Currencies that are positively correlated with DeSpend Governance 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 DeSpend Governance, a move in one direction for DeSpend Governance would translate into a move in the opposite direction for the negatively correlated coin.
