Based on today's classical pivot point (P1) with the value of $0.0₆1011, BitMeme has support levels of $0.0₇9675, $0.0₇9029, and the strongest at $0.0₇8592. Similarly, BitMeme resistance levels are at $0.0₆1076, $0.0₆1119, and $0.0₆1184.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇9675 | |
| S2 | $0.0₇9029 | |
| S3 | $0.0₇8592 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1076 | |
| R2 | $0.0₆1119 | |
| R3 | $0.0₆1184 |
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) | 65.88 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 94.96 | SELL |
| Commodity Channel Index (20) | 172.81 | SELL |
| Average Directional Index (14) | 21.10 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -5.04 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 76.09 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitMeme price was most positively correlated with the price of Bitcoin Cash (BCH), JUST (JST), TRON (TRX), Immutable X (IMX) and Binance Coin (BNB) and most negatively correlated with the price of Venice Token (VVV), Canton (CC), Pi Network (PI), Jito (JTO) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.936 |
| JUST | 0.925 |
| TRON | 0.912 |
| Immutable X | 0.909 |
| Binance Coin | 0.908 |
| Name | Correlation |
|---|---|
| Venice Token | -0.661 |
| Canton | -0.429 |
| Pi Network | -0.428 |
| Jito | -0.304 |
| Artificial Superintelligence Alliance | -0.293 |
BitMeme price is positively correlated with the top 10 coins by market cap with a price of 0.723, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.563.
Currencies that are positively correlated with BitMeme 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 BitMeme, a move in one direction for BitMeme would translate into a move in the opposite direction for the negatively correlated coin.
