Based on today's classical pivot point (P1) with the value of $0.0₇2085, L the Memecoin has support levels of $0.0₇1530, $0.0₇1246, and the strongest at $0.0₈6905. Similarly, L the Memecoin resistance levels are at $0.0₇2369, $0.0₇2924, and $0.0₇3208.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇1530 | |
| S2 | $0.0₇1246 | |
| S3 | $0.0₈6905 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇2369 | |
| R2 | $0.0₇2924 | |
| R3 | $0.0₇3208 |
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) | 3.60 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 1.51 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 32.11 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -98.49 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 1.51 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, L the Memecoin price was most positively correlated with the price of LayerZero (ZRO), LEO Token (LEO), APENFT (NFT), Midnight (NIGHT) and Avalanche (AVAX) and most negatively correlated with the price of Kaspa (KAS), DeXe (DEXE), Canton (CC), Jito (JTO) and Monad (MON).
| Name | Correlation |
|---|---|
| LayerZero | 0.558 |
| LEO Token | 0.487 |
| APENFT | 0.473 |
| Midnight | 0.459 |
| Avalanche | 0.449 |
| Name | Correlation |
|---|---|
| Kaspa | -0.701 |
| DeXe | -0.531 |
| Canton | -0.486 |
| Jito | -0.398 |
| Monad | -0.389 |
L the Memecoin price is positively correlated with the top 10 coins by market cap with a price of 0.340, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.189.
Currencies that are positively correlated with L the Memecoin 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 L the Memecoin, a move in one direction for L the Memecoin would translate into a move in the opposite direction for the negatively correlated coin.
