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), Canton (CC), Midnight (NIGHT), Worldcoin (WLD) and NEAR Protocol (NEAR) and most negatively correlated with the price of Jupiter (JUP), Terra Classic (LUNC), Pudgy Penguins (PENGU), DeXe (DEXE) and Pi Network (PI).
| Name | Correlation |
|---|---|
| LayerZero | 0.655 |
| Canton | 0.624 |
| Midnight | 0.621 |
| Worldcoin | 0.618 |
| NEAR Protocol | 0.616 |
| Name | Correlation |
|---|---|
| Jupiter | -0.665 |
| Terra Classic | -0.655 |
| Pudgy Penguins | -0.647 |
| DeXe | -0.530 |
| Pi Network | -0.500 |
Stable Coin price is positively correlated with the top 10 coins by market cap with a price of 0.141, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.225.
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.
