Based on today's classical pivot point (P1) with the value of $0.9542, xDai has support levels of $0.8989, $0.8546, and the strongest at $0.7994. Similarly, xDai resistance levels are at $0.9985, $1.05, and $1.10.
| # | Price | Strength |
|---|---|---|
| S1 | $0.8989 | |
| S2 | $0.8546 | |
| S3 | $0.7994 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.9985 | |
| R2 | $1.05 | |
| R3 | $1.10 |
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) | 49.09 | NEUTRAL |
| Stoch RSI (14) | 19.05 | BUY |
| Stochastic Fast (14) | 39.36 | NEUTRAL |
| Commodity Channel Index (20) | 14.39 | NEUTRAL |
| Average Directional Index (14) | 58.22 | SELL |
| Awesome Oscillator (5, 34) | 0.02 | NEUTRAL |
| Momentum (10) | 0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -60.64 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.85 | NEUTRAL |
| VWMA (10) | 0.97 | SELL |
| Hull Moving Average (9) | 0.95 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.93 | SELL |
Over the past 7 days, xDai price was most positively correlated with the price of Quant (QNT), TRON (TRX), Dogecoin (DOGE), Pi Network (PI) and Immutable X (IMX) and most negatively correlated with the price of Midnight (NIGHT), Terra Classic (LUNC), Sun Token (SUN), Venice Token (VVV) and Pendle (PENDLE).
| Name | Correlation |
|---|---|
| Quant | 0.129 |
| TRON | 0.099 |
| Dogecoin | 0.090 |
| Pi Network | 0.069 |
| Immutable X | 0.065 |
| Name | Correlation |
|---|---|
| Midnight | -0.124 |
| Terra Classic | -0.113 |
| Sun Token | -0.107 |
| Venice Token | -0.094 |
| Pendle | -0.088 |
xDai price is positively correlated with the top 10 coins by market cap with a price of 0.005, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.006.
Currencies that are positively correlated with xDai 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 xDai, a move in one direction for xDai would translate into a move in the opposite direction for the negatively correlated coin.
