Based on today's classical pivot point (P1) with the value of $0.0₆2143, BitMeme has support levels of $0.0₆2073, $0.0₆2012, and the strongest at $0.0₆1943. Similarly, BitMeme resistance levels are at $0.0₆2204, $0.0₆2273, and $0.0₆2334.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2073 | |
| S2 | $0.0₆2012 | |
| S3 | $0.0₆1943 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆2204 | |
| R2 | $0.0₆2273 | |
| R3 | $0.0₆2334 |
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) | 66.40 | NEUTRAL |
| Stoch RSI (14) | 89.96 | SELL |
| Stochastic Fast (14) | 92.60 | SELL |
| Commodity Channel Index (20) | 105.72 | SELL |
| Average Directional Index (14) | 33.60 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -7.40 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 61.76 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| 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 Flare (FLR), Venice Token (VVV), Worldcoin (WLD), Aave (AAVE) and PancakeSwap (CAKE) and most negatively correlated with the price of Midnight (NIGHT), Zcash (ZEC), Render Token (RENDER), Bittensor (TAO) and Gnosis (GNO).
| Name | Correlation |
|---|---|
| Flare | 0.926 |
| Venice Token | 0.851 |
| Worldcoin | 0.851 |
| Aave | 0.831 |
| PancakeSwap | 0.817 |
| Name | Correlation |
|---|---|
| Midnight | -0.863 |
| Zcash | -0.730 |
| Render Token | -0.722 |
| Bittensor | -0.709 |
| Gnosis | -0.676 |
BitMeme price is positively correlated with the top 10 coins by market cap with a price of 0.248, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.218.
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.
