Based on today's classical pivot point (P1) with the value of $0.009651, 1MillionNFTs has support levels of $0.009544, $0.009396, and the strongest at $0.009290. Similarly, 1MillionNFTs resistance levels are at $0.009799, $0.009905, and $0.01005.
| # | Price | Strength |
|---|---|---|
| S1 | $0.009544 | |
| S2 | $0.009396 | |
| S3 | $0.009290 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.009799 | |
| R2 | $0.009905 | |
| R3 | $0.01005 |
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) | 92.88 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 93.46 | SELL |
| Commodity Channel Index (20) | 174.80 | SELL |
| Average Directional Index (14) | 72.65 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -6.54 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 91.29 | SELL |
| VWMA (10) | 0.01 | BUY |
| 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 DeXe (DEXE), GateToken (GT), Immutable X (IMX), Compound (COMP) and Stacks (STX) and most negatively correlated with the price of Zcash (ZEC), Dash (DASH), Decred (DCR), JUST (JST) and Bittensor (TAO).
| Name | Correlation |
|---|---|
| DeXe | 0.925 |
| GateToken | 0.920 |
| Immutable X | 0.905 |
| Compound | 0.885 |
| Stacks | 0.871 |
| Name | Correlation |
|---|---|
| Zcash | -0.820 |
| Dash | -0.758 |
| Decred | -0.685 |
| JUST | -0.662 |
| Bittensor | -0.626 |
1MillionNFTs price is positively correlated with the top 10 coins by market cap with a price of 0.627, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.482.
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.
