Based on today's classical pivot point (P1) with the value of $0.001568, Magpie has support levels of $0.001476, $0.001407, and the strongest at $0.001315. Similarly, Magpie resistance levels are at $0.001638, $0.001730, and $0.001800.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001476 | |
| S2 | $0.001407 | |
| S3 | $0.001315 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001638 | |
| R2 | $0.001730 | |
| R3 | $0.001800 |
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) | 34.63 | NEUTRAL |
| Stoch RSI (14) | 41.26 | NEUTRAL |
| Stochastic Fast (14) | 21.78 | NEUTRAL |
| Commodity Channel Index (20) | -64.69 | NEUTRAL |
| Average Directional Index (14) | 19.77 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -78.22 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 50.24 | 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, Magpie price was most positively correlated with the price of PancakeSwap (CAKE), Binance Coin (BNB), Immutable X (IMX), Ethereum (ETH) and Bitcoin (BTC) and most negatively correlated with the price of Telcoin (TEL), Zebec Network (ZBCN), Venice Token (VVV), Morpho (MORPHO) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| PancakeSwap | 0.540 |
| Binance Coin | 0.462 |
| Immutable X | 0.453 |
| Ethereum | 0.444 |
| Bitcoin | 0.443 |
| Name | Correlation |
|---|---|
| Telcoin | -0.348 |
| Zebec Network | -0.331 |
| Venice Token | -0.231 |
| Morpho | -0.206 |
| Artificial Superintelligence Alliance | -0.165 |
Magpie price is positively correlated with the top 10 coins by market cap with a price of 0.227, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.129.
Currencies that are positively correlated with Magpie 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 Magpie, a move in one direction for Magpie would translate into a move in the opposite direction for the negatively correlated coin.
