Based on today's classical pivot point (P1) with the value of $1.28, Mantle has support levels of $1.22, $1.18, and the strongest at $1.11. Similarly, Mantle resistance levels are at $1.32, $1.39, and $1.42.
| # | Price | Strength |
|---|---|---|
| S1 | $1.22 | |
| S2 | $1.18 | |
| S3 | $1.11 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.32 | |
| R2 | $1.39 | |
| R3 | $1.42 |
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) | 69.39 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 99.59 | SELL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 19.88 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.07 | NEUTRAL |
| Momentum (10) | 0.22 | NEUTRAL |
| MACD (12, 26) | 0.04 | NEUTRAL |
| Williams Percent Range (14) | -0.41 | SELL |
| Ultimate Oscillator (7, 14, 28) | 62.74 | NEUTRAL |
| VWMA (10) | 1.16 | BUY |
| Hull Moving Average (9) | 1.23 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.11 | NEUTRAL |
Over the past 7 days, Mantle price was most positively correlated with the price of Merlin Chain (MERL), Sky (SKY), Monero (XMR), KuCoin Token (KCS) and AB (AB) and most negatively correlated with the price of Hedera Hashgraph (HBAR), The Graph (GRT), Story (IP), Algorand (ALGO) and Jupiter (JUP).
| Name | Correlation |
|---|---|
| Merlin Chain | 0.940 |
| Sky | 0.925 |
| Monero | 0.781 |
| KuCoin Token | 0.640 |
| AB | 0.622 |
| Name | Correlation |
|---|---|
| Hedera Hashgraph | -0.860 |
| The Graph | -0.855 |
| Story | -0.854 |
| Algorand | -0.853 |
| Jupiter | -0.841 |
Mantle price is negatively correlated with the top 10 coins by market cap with a price of -0.381, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.435.
Currencies that are positively correlated with Mantle 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 Mantle, a move in one direction for Mantle would translate into a move in the opposite direction for the negatively correlated coin.
