Based on today's classical pivot point (P1) with the value of $3.03, Kusama has support levels of $2.97, $2.90, and the strongest at $2.84. Similarly, Kusama resistance levels are at $3.10, $3.16, and $3.24.
| # | Price | Strength |
|---|---|---|
| S1 | $2.97 | |
| S2 | $2.90 | |
| S3 | $2.84 |
| # | Price | Strength |
|---|---|---|
| R1 | $3.10 | |
| R2 | $3.16 | |
| R3 | $3.24 |
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) | 27.03 | BUY |
| Stoch RSI (14) | 19.99 | BUY |
| Stochastic Fast (14) | 10.23 | BUY |
| Commodity Channel Index (20) | -127.92 | BUY |
| Average Directional Index (14) | 41.66 | SELL |
| Awesome Oscillator (5, 34) | -0.65 | NEUTRAL |
| Momentum (10) | -0.42 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -89.77 | BUY |
| Bull Bear Power (13) | -0.50 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.42 | NEUTRAL |
| VWMA (10) | 3.22 | SELL |
| Hull Moving Average (9) | 2.94 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.56 | NEUTRAL |
Over the past 7 days, Kusama price was most positively correlated with the price of Aptos (APT), Immutable X (IMX), Polkadot (DOT), Nexo (NEXO) and Pepe Coin (PEPE) and most negatively correlated with the price of Aave (AAVE), Jito (JTO), Morpho (MORPHO), JUST (JST) and Bitcoin SV (BSV).
| Name | Correlation |
|---|---|
| Aptos | 0.979 |
| Immutable X | 0.971 |
| Polkadot | 0.968 |
| Nexo | 0.963 |
| Pepe Coin | 0.951 |
| Name | Correlation |
|---|---|
| Aave | -0.675 |
| Jito | -0.584 |
| Morpho | -0.578 |
| JUST | -0.576 |
| Bitcoin SV | -0.570 |
Kusama price is positively correlated with the top 10 coins by market cap with a price of 0.383, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.447.
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.
