Based on today's classical pivot point (P1) with the value of $0.01305, Komodo has support levels of $0.01045, $0.009048, and the strongest at $0.006442. Similarly, Komodo resistance levels are at $0.01446, $0.01706, and $0.01846.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01045 | |
| S2 | $0.009048 | |
| S3 | $0.006442 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01446 | |
| R2 | $0.01706 | |
| R3 | $0.01846 |
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) | 9.36 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 2.83 | BUY |
| Commodity Channel Index (20) | -506.45 | BUY |
| Average Directional Index (14) | 27.69 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -97.17 | BUY |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 18.55 | BUY |
| VWMA (10) | 0.02 | SELL |
| Hull Moving Average (9) | 0.02 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Komodo price was most positively correlated with the price of Polkadot (DOT), Immutable X (IMX), NEAR Protocol (NEAR), Flare (FLR) and Cosmos (ATOM) and most negatively correlated with the price of Monad (MON), Beldex (BDX), Bittensor (TAO), Artificial Superintelligence Alliance (FET) and Render Token (RENDER).
| Name | Correlation |
|---|---|
| Polkadot | 0.710 |
| Immutable X | 0.694 |
| NEAR Protocol | 0.583 |
| Flare | 0.582 |
| Cosmos | 0.549 |
| Name | Correlation |
|---|---|
| Monad | -0.902 |
| Beldex | -0.830 |
| Bittensor | -0.817 |
| Artificial Superintelligence Alliance | -0.774 |
| Render Token | -0.741 |
Komodo price is negatively correlated with the top 10 coins by market cap with a price of -0.135, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.130.
Currencies that are positively correlated with Komodo 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 Komodo, a move in one direction for Komodo would translate into a move in the opposite direction for the negatively correlated coin.
