Based on today's classical pivot point (P1) with the value of $0.02724, MEDCOIN has support levels of $0.02704, $0.02677, and the strongest at $0.02656. Similarly, MEDCOIN resistance levels are at $0.02752, $0.02772, and $0.02799.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02704 | |
| S2 | $0.02677 | |
| S3 | $0.02656 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02752 | |
| R2 | $0.02772 | |
| R3 | $0.02799 |
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) | 53.10 | NEUTRAL |
| Stoch RSI (14) | NEUTRAL | |
| Stochastic Fast (14) | 64.60 | NEUTRAL |
| Commodity Channel Index (20) | 11.34 | NEUTRAL |
| Average Directional Index (14) | NEUTRAL | |
| Awesome Oscillator (5, 34) | NEUTRAL | |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | NEUTRAL | |
| Williams Percent Range (14) | -35.40 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | NEUTRAL | |
| VWMA (10) | 0.03 | BUY |
| Hull Moving Average (9) | 0.03 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | NEUTRAL |
Over the past 7 days, MEDCOIN price was most positively correlated with the price of Tezos (XTZ), Polkadot (DOT), Cosmos (ATOM), NEAR Protocol (NEAR) and Immutable X (IMX) and most negatively correlated with the price of TRON (TRX), Ondo Finance (ONDO), Chiliz (CHZ), Lido DAO Token (LDO) and DeXe (DEXE).
| Name | Correlation |
|---|---|
| Tezos | 0.482 |
| Polkadot | 0.475 |
| Cosmos | 0.441 |
| NEAR Protocol | 0.438 |
| Immutable X | 0.429 |
| Name | Correlation |
|---|---|
| TRON | -0.469 |
| Ondo Finance | -0.408 |
| Chiliz | -0.331 |
| Lido DAO Token | -0.300 |
| DeXe | -0.205 |
MEDCOIN price is positively correlated with the top 10 coins by market cap with a price of 0.260, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.230.
Currencies that are positively correlated with MEDCOIN 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 MEDCOIN, a move in one direction for MEDCOIN would translate into a move in the opposite direction for the negatively correlated coin.
