Based on today's classical pivot point (P1) with the value of $0.0₆1563, BitMeme has support levels of $0.0₆1536, $0.0₆1481, and the strongest at $0.0₆1453. Similarly, BitMeme resistance levels are at $0.0₆1619, $0.0₆1646, and $0.0₆1702.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆1536 | |
| S2 | $0.0₆1481 | |
| S3 | $0.0₆1453 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1619 | |
| R2 | $0.0₆1646 | |
| R3 | $0.0₆1702 |
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) | 50.86 | NEUTRAL |
| Stoch RSI (14) | 25.46 | NEUTRAL |
| Stochastic Fast (14) | 11.71 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 19.68 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.29 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.56 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| 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 Filecoin (FIL), Midnight (NIGHT), Toncoin (TON), Decred (DCR) and Jasmy (JASMY) and most negatively correlated with the price of Kaia (KAIA), Bitcoin SV (BSV), Cosmos (ATOM), Stellar (XLM) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Filecoin | 0.700 |
| Midnight | 0.665 |
| Toncoin | 0.544 |
| Decred | 0.477 |
| Jasmy | 0.459 |
| Name | Correlation |
|---|---|
| Kaia | -0.827 |
| Bitcoin SV | -0.824 |
| Cosmos | -0.677 |
| Stellar | -0.670 |
| Shiba Inu | -0.638 |
BitMeme price is negatively correlated with the top 10 coins by market cap with a price of -0.343, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.233.
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.
