Based on today's classical pivot point (P1) with the value of $0.0₅8374, Malakai has support levels of $0.0₅8300, $0.0₅8202, and the strongest at $0.0₅8128. Similarly, Malakai resistance levels are at $0.0₅8472, $0.0₅8546, and $0.0₅8644.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8300 | |
| S2 | $0.0₅8202 | |
| S3 | $0.0₅8128 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8472 | |
| R2 | $0.0₅8546 | |
| R3 | $0.0₅8644 |
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) | 53.08 | NEUTRAL |
| Stoch RSI (14) | 98.71 | SELL |
| Stochastic Fast (14) | 75.82 | NEUTRAL |
| Commodity Channel Index (20) | 60.55 | NEUTRAL |
| Average Directional Index (14) | 26.59 | SELL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -24.18 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 55.79 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| 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 Conflux (CFX), Optimism (OP), Jupiter (JUP), Algorand (ALGO) and Stacks (STX) and most negatively correlated with the price of LEO Token (LEO), JUST (JST), Chiliz (CHZ), Beldex (BDX) and Stellar (XLM).
| Name | Correlation |
|---|---|
| Conflux | 0.549 |
| Optimism | 0.537 |
| Jupiter | 0.486 |
| Algorand | 0.438 |
| Stacks | 0.436 |
| Name | Correlation |
|---|---|
| LEO Token | -0.400 |
| JUST | -0.384 |
| Chiliz | -0.302 |
| Beldex | -0.257 |
| Stellar | -0.239 |
Malakai 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 0.165.
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.
