Based on today's classical pivot point (P1) with the value of $0.0₅1111, MAGA Hat has support levels of $0.0₅1086, $0.0₅1073, and the strongest at $0.0₅1047. Similarly, MAGA Hat resistance levels are at $0.0₅1124, $0.0₅1150, and $0.0₅1163.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1086 | |
| S2 | $0.0₅1073 | |
| S3 | $0.0₅1047 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1124 | |
| R2 | $0.0₅1150 | |
| R3 | $0.0₅1163 |
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) | 36.00 | NEUTRAL |
| Stoch RSI (14) | 0.82 | BUY |
| Stochastic Fast (14) | 1.15 | BUY |
| Commodity Channel Index (20) | -131.25 | BUY |
| Average Directional Index (14) | 14.58 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -98.85 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 34.46 | 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, MAGA Hat price was most positively correlated with the price of Sei (SEI), XDC Network (XDC), Mantle (MNT), Worldcoin (WLD) and Immutable X (IMX) and most negatively correlated with the price of Injective (INJ), Solana (SOL), Jito (JTO), Aave (AAVE) and Litecoin (LTC).
| Name | Correlation |
|---|---|
| Sei | 0.817 |
| XDC Network | 0.817 |
| Mantle | 0.790 |
| Worldcoin | 0.768 |
| Immutable X | 0.695 |
| Name | Correlation |
|---|---|
| Injective | -0.866 |
| Solana | -0.809 |
| Jito | -0.792 |
| Aave | -0.765 |
| Litecoin | -0.731 |
MAGA Hat price is negatively correlated with the top 10 coins by market cap with a price of -0.041, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.101.
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.
