Based on today's classical pivot point (P1) with the value of $2.97, Kusama has support levels of $2.91, $2.85, and the strongest at $2.78. Similarly, Kusama resistance levels are at $3.03, $3.10, and $3.16.
| # | Price | Strength |
|---|---|---|
| S1 | $2.91 | |
| S2 | $2.85 | |
| S3 | $2.78 |
| # | Price | Strength |
|---|---|---|
| R1 | $3.03 | |
| R2 | $3.10 | |
| R3 | $3.16 |
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) | 25.16 | BUY |
| Stoch RSI (14) | 6.54 | BUY |
| Stochastic Fast (14) | 5.38 | BUY |
| Commodity Channel Index (20) | -123.31 | BUY |
| Average Directional Index (14) | 42.55 | SELL |
| Awesome Oscillator (5, 34) | -0.64 | NEUTRAL |
| Momentum (10) | -0.56 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -94.62 | BUY |
| Bull Bear Power (13) | -0.50 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.13 | NEUTRAL |
| VWMA (10) | 3.17 | SELL |
| Hull Moving Average (9) | 2.90 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.39 | NEUTRAL |
Over the past 7 days, Kusama price was most positively correlated with the price of Aptos (APT), Immutable X (IMX), Nexo (NEXO), Polkadot (DOT) and Cronos (CRO) and most negatively correlated with the price of JUST (JST), Bitcoin SV (BSV), Solana (SOL), Morpho (MORPHO) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Aptos | 0.972 |
| Immutable X | 0.954 |
| Nexo | 0.950 |
| Polkadot | 0.946 |
| Cronos | 0.946 |
| Name | Correlation |
|---|---|
| JUST | -0.635 |
| Bitcoin SV | -0.615 |
| Solana | -0.545 |
| Morpho | -0.532 |
| Aave | -0.527 |
Kusama price is positively correlated with the top 10 coins by market cap with a price of 0.292, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.401.
Currencies that are positively correlated with Kusama 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 Kusama, a move in one direction for Kusama would translate into a move in the opposite direction for the negatively correlated coin.
