Based on today's classical pivot point (P1) with the value of $0.0₅1992, Stable Coin has support levels of $0.0₅1899, $0.0₅1802, and the strongest at $0.0₅1708. Similarly, Stable Coin resistance levels are at $0.0₅2089, $0.0₅2183, and $0.0₅2280.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1899 | |
| S2 | $0.0₅1802 | |
| S3 | $0.0₅1708 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅2089 | |
| R2 | $0.0₅2183 | |
| R3 | $0.0₅2280 |
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) | 37.73 | NEUTRAL |
| Stoch RSI (14) | 90.50 | SELL |
| Stochastic Fast (14) | 52.52 | NEUTRAL |
| Commodity Channel Index (20) | -89.58 | NEUTRAL |
| Average Directional Index (14) | 59.87 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -47.48 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 49.45 | 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, Stable Coin price was most positively correlated with the price of LayerZero (ZRO), Midnight (NIGHT), Worldcoin (WLD), NEAR Protocol (NEAR) and Immutable X (IMX) and most negatively correlated with the price of Jupiter (JUP), Terra Classic (LUNC), Pudgy Penguins (PENGU), Pi Network (PI) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| LayerZero | 0.673 |
| Midnight | 0.645 |
| Worldcoin | 0.632 |
| NEAR Protocol | 0.631 |
| Immutable X | 0.629 |
| Name | Correlation |
|---|---|
| Jupiter | -0.677 |
| Terra Classic | -0.675 |
| Pudgy Penguins | -0.666 |
| Pi Network | -0.560 |
| DeXe | -0.559 |
Stable Coin price is positively correlated with the top 10 coins by market cap with a price of 0.043, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.217.
Currencies that are positively correlated with Stable Coin 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 Stable Coin, a move in one direction for Stable Coin would translate into a move in the opposite direction for the negatively correlated coin.
