Based on today's classical pivot point (P1) with the value of $0.1066, Stake DAO has support levels of $0.09902, $0.09513, and the strongest at $0.08751. Similarly, Stake DAO resistance levels are at $0.1105, $0.1182, and $0.1220.
| # | Price | Strength |
|---|---|---|
| S1 | $0.09902 | |
| S2 | $0.09513 | |
| S3 | $0.08751 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1105 | |
| R2 | $0.1182 | |
| R3 | $0.1220 |
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) | 66.57 | NEUTRAL |
| Stoch RSI (14) | 52.19 | NEUTRAL |
| Stochastic Fast (14) | 65.86 | NEUTRAL |
| Commodity Channel Index (20) | 182.10 | SELL |
| Average Directional Index (14) | 28.68 | BUY |
| Awesome Oscillator (5, 34) | 0.02 | NEUTRAL |
| Momentum (10) | 0.02 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -34.14 | NEUTRAL |
| Bull Bear Power (13) | 0.03 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 54.07 | NEUTRAL |
| VWMA (10) | 0.09 | BUY |
| Hull Moving Average (9) | 0.11 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.10 | NEUTRAL |
Over the past 7 days, Stake DAO price was most positively correlated with the price of Ethereum (ETH), KuCoin Token (KCS), Injective (INJ), Render Token (RENDER) and Aerodrome Finance (AERO) and most negatively correlated with the price of JUST (JST), APENFT (NFT), LEO Token (LEO), Sun Token (SUN) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Ethereum | 0.987 |
| KuCoin Token | 0.984 |
| Injective | 0.975 |
| Render Token | 0.970 |
| Aerodrome Finance | 0.968 |
| Name | Correlation |
|---|---|
| JUST | -0.688 |
| APENFT | -0.439 |
| LEO Token | -0.155 |
| Sun Token | -0.009 |
| World Liberty Financial | 0.225 |
Stake DAO price is positively correlated with the top 10 coins by market cap with a price of 0.914, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.828.
Currencies that are positively correlated with Stake DAO 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 Stake DAO, a move in one direction for Stake DAO would translate into a move in the opposite direction for the negatively correlated coin.
