Image of BAY
BAYMarina Protocol
$0.02431
1.36%
1D

Marina Protocol Analysis

Investment Score
A quick view into Marina Protocol's investment prospects.
6.7

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 69%
Why this state?
  • BAY is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
BAY is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 78.05, which points to stretched upside momentum.
Volatility
Quiet
BAY ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.02418 - $0.02567
Support zone
$0.01713 - $0.01895
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Marina Protocol support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.01713 - $0.01895
Resistance zone
$0.02418 - $0.02567
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.01713 - $0.01895
Support 2$0.01511 - $0.01669
Resistance 1$0.02418 - $0.02567
Scenario Analysis
Bullish scenario

BAY clears the resistance zone at $0.02418 - $0.02567 and holds above it. That would strengthen the breakout case and shift attention to $0.02418 - $0.02567.

Bearish scenario

BAY loses the support zone at $0.01713 - $0.01895. That would weaken the setup and open the way toward $0.01511 - $0.01669.

Neutral scenario

BAY continues trading between $0.01895 and $0.02418. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.01853
Bullish
BAY is trading above the 50-day average.
SMA200
$0.01961
Bullish
BAY remains above the long-term trend line.
EMA50
$0.01892
Bullish
BAY is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.02417
Bullish
BAY is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
78.05
Overbought
RSI (14) is elevated at 78.05, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
74.84
Neutral
Stoch RSI (14) is at 74.84, which suggests momentum is active but not yet extreme.
MACD
0.001564
Bullish
MACD is above its signal line.
ATR
4.75%
Quiet
Volatility is below its 180-day median.
VWMA
$0.01946
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
133.33
Bullish
CCI (20) is strong at 133.33, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.004307
Bullish
Awesome Oscillator is above zero at $0.004307, which supports bullish momentum.
Williams Percent Range (14)
-3.87
Overbought
Williams Percent Range (14) is near the top of its recent range at -3.87.
Bull Bear Power (13)
$0.002357
Bullish
Bull Bear Power (13) is positive at $0.002357, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
72.57
Overbought
Ultimate Oscillator is elevated at 72.57, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$0.02385
Bullish
BAY is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02004
Bullish
BAY is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Marina Protocol

Over the past 7 days, Marina Protocol price was most positively correlated with the price of JUST (JST), Worldcoin (WLD), Pyth Network (PYTH), SOON (SOON) and Quant (QNT) and most negatively correlated with the price of Injective (INJ), Venice Token (VVV), TRON (TRX), Bitcoin Cash (BCH) and Beldex (BDX).

Positively Correlated Currencies
NameCorrelation
Image of JUSTJUST0.872
Image of WorldcoinWorldcoin0.831
Image of Pyth NetworkPyth Network0.809
Image of SOONSOON0.792
Image of QuantQuant0.789
Negatively Correlated Currencies
NameCorrelation
Image of InjectiveInjective-0.638
Image of Venice TokenVenice Token-0.627
Image of TRONTRON-0.592
Image of Bitcoin CashBitcoin Cash-0.582
Image of BeldexBeldex-0.551

Marina Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.297, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.273. Currencies that are positively correlated with Marina Protocol 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 Marina Protocol, a move in one direction for Marina Protocol would translate into a move in the opposite direction for the negatively correlated coin.

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