Based on today's classical pivot point (P1) with the value of $0.009765, 1MillionNFTs has support levels of $0.009711, $0.009664, and the strongest at $0.009610. Similarly, 1MillionNFTs resistance levels are at $0.009811, $0.009865, and $0.009912.
| # | Price | Strength |
|---|---|---|
| S1 | $0.009711 | |
| S2 | $0.009664 | |
| S3 | $0.009610 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.009811 | |
| R2 | $0.009865 | |
| R3 | $0.009912 |
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) | 93.61 | SELL |
| Stoch RSI (14) | 38.22 | NEUTRAL |
| Stochastic Fast (14) | 59.33 | NEUTRAL |
| Commodity Channel Index (20) | 408.86 | SELL |
| Average Directional Index (14) | 85.78 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -40.67 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 62.61 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, 1MillionNFTs price was most positively correlated with the price of Sei (SEI), Immutable X (IMX), Jupiter (JUP), Pyth Network (PYTH) and Arbitrum (ARB) and most negatively correlated with the price of Pi Network (PI), Beldex (BDX), JUST (JST), Ethereum (ETH) and Dogecoin (DOGE).
| Name | Correlation |
|---|---|
| Sei | 0.902 |
| Immutable X | 0.900 |
| Jupiter | 0.896 |
| Pyth Network | 0.888 |
| Arbitrum | 0.880 |
| Name | Correlation |
|---|---|
| Pi Network | -0.535 |
| Beldex | -0.437 |
| JUST | -0.388 |
| Ethereum | -0.307 |
| Dogecoin | -0.302 |
1MillionNFTs price is positively correlated with the top 10 coins by market cap with a price of 0.684, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.554.
Currencies that are positively correlated with 1MillionNFTs 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 1MillionNFTs, a move in one direction for 1MillionNFTs would translate into a move in the opposite direction for the negatively correlated coin.
