Based on today's classical pivot point (P1) with the value of $3.01, Kusama has support levels of $2.97, $2.93, and the strongest at $2.89. Similarly, Kusama resistance levels are at $3.05, $3.09, and $3.13.
| # | Price | Strength |
|---|---|---|
| S1 | $2.97 | |
| S2 | $2.93 | |
| S3 | $2.89 |
| # | Price | Strength |
|---|---|---|
| R1 | $3.05 | |
| R2 | $3.09 | |
| R3 | $3.13 |
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) | 24.25 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 3.82 | BUY |
| Commodity Channel Index (20) | -159.97 | BUY |
| Average Directional Index (14) | 40.86 | SELL |
| Awesome Oscillator (5, 34) | -0.65 | NEUTRAL |
| Momentum (10) | -0.56 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -96.18 | BUY |
| Bull Bear Power (13) | -0.59 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.63 | NEUTRAL |
| VWMA (10) | 3.26 | SELL |
| Hull Moving Average (9) | 3.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.62 | NEUTRAL |
Over the past 7 days, Kusama price was most positively correlated with the price of Aptos (APT), Nexo (NEXO), Polkadot (DOT), Immutable X (IMX) and Chiliz (CHZ) and most negatively correlated with the price of Aave (AAVE), Jito (JTO), Beldex (BDX), JUST (JST) and Bitcoin SV (BSV).
| Name | Correlation |
|---|---|
| Aptos | 0.985 |
| Nexo | 0.975 |
| Polkadot | 0.975 |
| Immutable X | 0.972 |
| Chiliz | 0.969 |
| Name | Correlation |
|---|---|
| Aave | -0.798 |
| Jito | -0.750 |
| Beldex | -0.598 |
| JUST | -0.525 |
| Bitcoin SV | -0.464 |
Kusama price is positively correlated with the top 10 coins by market cap with a price of 0.423, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.530.
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.
