Based on today's classical pivot point (P1) with the value of $0.0₅8236, Malakai has support levels of $0.0₅8071, $0.0₅7801, and the strongest at $0.0₅7636. Similarly, Malakai resistance levels are at $0.0₅8506, $0.0₅8671, and $0.0₅8940.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8071 | |
| S2 | $0.0₅7801 | |
| S3 | $0.0₅7636 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8506 | |
| R2 | $0.0₅8671 | |
| R3 | $0.0₅8940 |
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) | 55.79 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 68.13 | NEUTRAL |
| Commodity Channel Index (20) | 2.32 | NEUTRAL |
| Average Directional Index (14) | 30.78 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -31.87 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 60.78 | 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, Malakai price was most positively correlated with the price of Internet Computer (ICP), Filecoin (FIL), Stacks (STX), Cronos (CRO) and Jupiter (JUP) and most negatively correlated with the price of Canton (CC), JUST (JST), Sky (SKY), Beldex (BDX) and Zebec Network (ZBCN).
| Name | Correlation |
|---|---|
| Internet Computer | 0.946 |
| Filecoin | 0.907 |
| Stacks | 0.899 |
| Cronos | 0.895 |
| Jupiter | 0.883 |
| Name | Correlation |
|---|---|
| Canton | -0.347 |
| JUST | -0.236 |
| Sky | -0.152 |
| Beldex | -0.125 |
| Zebec Network | -0.050 |
Malakai price is positively correlated with the top 10 coins by market cap with a price of 0.595, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.618.
Currencies that are positively correlated with Malakai 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 Malakai, a move in one direction for Malakai would translate into a move in the opposite direction for the negatively correlated coin.
