Based on today's classical pivot point (P1) with the value of $0.003017, DRAGON has support levels of $0.002707, $0.002547, and the strongest at $0.002237. Similarly, DRAGON resistance levels are at $0.003177, $0.003488, and $0.003647.
| # | Price | Strength |
|---|---|---|
| S1 | $0.002707 | |
| S2 | $0.002547 | |
| S3 | $0.002237 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003177 | |
| R2 | $0.003488 | |
| R3 | $0.003647 |
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) | 29.89 | BUY |
| Stoch RSI (14) | 3.61 | BUY |
| Stochastic Fast (14) | 0.87 | BUY |
| Commodity Channel Index (20) | -92.46 | NEUTRAL |
| Average Directional Index (14) | 36.52 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.13 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 34.71 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, DRAGON price was most positively correlated with the price of Polkadot (DOT), Flare (FLR), Immutable X (IMX), Optimism (OP) and Internet Computer (ICP) and most negatively correlated with the price of DeXe (DEXE), Bittensor (TAO), LEO Token (LEO), Toncoin (TON) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Polkadot | 0.880 |
| Flare | 0.872 |
| Immutable X | 0.847 |
| Optimism | 0.847 |
| Internet Computer | 0.832 |
| Name | Correlation |
|---|---|
| DeXe | -0.763 |
| Bittensor | -0.657 |
| LEO Token | -0.648 |
| Toncoin | -0.645 |
| Beldex | -0.601 |
DRAGON price is positively correlated with the top 10 coins by market cap with a price of 0.274, 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 DRAGON 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 DRAGON, a move in one direction for DRAGON would translate into a move in the opposite direction for the negatively correlated coin.
