Based on today's classical pivot point (P1) with the value of $0.0₅2447, MAGA Hat has support levels of $0.0₅2331, $0.0₅2202, and the strongest at $0.0₅2086. Similarly, MAGA Hat resistance levels are at $0.0₅2576, $0.0₅2691, and $0.0₅2820.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅2331 | |
| S2 | $0.0₅2202 | |
| S3 | $0.0₅2086 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅2576 | |
| R2 | $0.0₅2691 | |
| R3 | $0.0₅2820 |
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) | 75.46 | SELL |
| Stoch RSI (14) | 65.51 | NEUTRAL |
| Stochastic Fast (14) | 53.66 | NEUTRAL |
| Commodity Channel Index (20) | 139.44 | SELL |
| Average Directional Index (14) | 50.45 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -46.34 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.91 | 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, MAGA Hat price was most positively correlated with the price of Sei (SEI), Pudgy Penguins (PENGU), Dash (DASH), SPX6900 (SPX) and Bitcoin (BTC) and most negatively correlated with the price of Ethena (ENA), BitTorrent (BTT), DeXe (DEXE), APENFT (NFT) and Celestia (TIA).
| Name | Correlation |
|---|---|
| Sei | 0.912 |
| Pudgy Penguins | 0.889 |
| Dash | 0.878 |
| SPX6900 | 0.869 |
| Bitcoin | 0.867 |
| Name | Correlation |
|---|---|
| Ethena | -0.746 |
| BitTorrent | -0.679 |
| DeXe | -0.652 |
| APENFT | -0.651 |
| Celestia | -0.642 |
MAGA Hat price is positively correlated with the top 10 coins by market cap with a price of 0.582, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.347.
Currencies that are positively correlated with MAGA Hat 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 MAGA Hat, a move in one direction for MAGA Hat would translate into a move in the opposite direction for the negatively correlated coin.
