Based on today's classical pivot point (P1) with the value of $0.0₅6852, Malakai has support levels of $0.0₅6657, $0.0₅6279, and the strongest at $0.0₅6084. Similarly, Malakai resistance levels are at $0.0₅7230, $0.0₅7425, and $0.0₅7803.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅6657 | |
| S2 | $0.0₅6279 | |
| S3 | $0.0₅6084 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7230 | |
| R2 | $0.0₅7425 | |
| R3 | $0.0₅7803 |
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) | 39.56 | NEUTRAL |
| Stoch RSI (14) | 95.35 | SELL |
| Stochastic Fast (14) | 45.83 | NEUTRAL |
| Commodity Channel Index (20) | -58.51 | NEUTRAL |
| Average Directional Index (14) | 49.78 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -54.17 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 35.09 | 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, Malakai price was most positively correlated with the price of Zcash (ZEC), NEAR Protocol (NEAR), XRP (XRP), Ethereum (ETH) and Dash (DASH) and most negatively correlated with the price of Chiliz (CHZ), DeXe (DEXE), Canton (CC), XDC Network (XDC) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Zcash | 0.949 |
| NEAR Protocol | 0.923 |
| XRP | 0.914 |
| Ethereum | 0.906 |
| Dash | 0.898 |
| Name | Correlation |
|---|---|
| Chiliz | -0.567 |
| DeXe | -0.150 |
| Canton | -0.144 |
| XDC Network | 0.019 |
| Morpho | 0.025 |
Malakai price is positively correlated with the top 10 coins by market cap with a price of 0.727, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.643.
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.
