Based on today's classical pivot point (P1) with the value of $1.10, sUSDS has support levels of $1.09, $1.08, and the strongest at $1.07. Similarly, sUSDS resistance levels are at $1.11, $1.12, and $1.13.
| # | Price | Strength |
|---|---|---|
| S1 | $1.09 | |
| S2 | $1.08 | |
| S3 | $1.07 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.11 | |
| R2 | $1.12 | |
| R3 | $1.13 |
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) | 42.70 | NEUTRAL |
| Stoch RSI (14) | 18.09 | BUY |
| Stochastic Fast (14) | 24.54 | NEUTRAL |
| Commodity Channel Index (20) | -80.96 | NEUTRAL |
| Average Directional Index (14) | 22.08 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.01 | SELL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -75.46 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 33.93 | NEUTRAL |
| VWMA (10) | 1.10 | SELL |
| Hull Moving Average (9) | 1.10 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.11 | NEUTRAL |
Over the past 7 days, sUSDS price was most positively correlated with the price of Dogecoin (DOGE), Ethena (ENA), NEAR Protocol (NEAR), Injective (INJ) and Immutable X (IMX) and most negatively correlated with the price of Nexo (NEXO), Virtuals Protocol (VIRTUAL), DeXe (DEXE), Pyth Network (PYTH) and Polygon Ecosystem Token (POL).
| Name | Correlation |
|---|---|
| Dogecoin | 0.447 |
| Ethena | 0.351 |
| NEAR Protocol | 0.338 |
| Injective | 0.312 |
| Immutable X | 0.266 |
| Name | Correlation |
|---|---|
| Nexo | -0.270 |
| Virtuals Protocol | -0.226 |
| DeXe | -0.188 |
| Pyth Network | -0.186 |
| Polygon Ecosystem Token | -0.182 |
sUSDS price is positively correlated with the top 10 coins by market cap with a price of 0.056, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.024.
Currencies that are positively correlated with sUSDS 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 sUSDS, a move in one direction for sUSDS would translate into a move in the opposite direction for the negatively correlated coin.
