Based on today's classical pivot point (P1) with the value of $0.00009726, Melon Dog has support levels of $0.00009573, $0.00009315, and the strongest at $0.00009161. Similarly, Melon Dog resistance levels are at $0.00009984, $0.0001014, and $0.0001040.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00009573 | |
| S2 | $0.00009315 | |
| S3 | $0.00009161 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00009984 | |
| R2 | $0.0001014 | |
| R3 | $0.0001040 |
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) | 52.13 | NEUTRAL |
| Stoch RSI (14) | 36.81 | NEUTRAL |
| Stochastic Fast (14) | 16.55 | BUY |
| Commodity Channel Index (20) | 33.61 | NEUTRAL |
| Average Directional Index (14) | 32.41 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -83.45 | BUY |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.74 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Melon Dog price was most positively correlated with the price of Polkadot (DOT), XDC Network (XDC), Bitcoin (BTC), Bitcoin Cash (BCH) and Immutable X (IMX) and most negatively correlated with the price of DeXe (DEXE), World Liberty Financial (WLFI), Kaspa (KAS), KAITO (KAITO) and Shiba Inu (SHIB).
| Name | Correlation |
|---|---|
| Polkadot | 0.737 |
| XDC Network | 0.664 |
| Bitcoin | 0.627 |
| Bitcoin Cash | 0.624 |
| Immutable X | 0.609 |
| Name | Correlation |
|---|---|
| DeXe | -0.173 |
| World Liberty Financial | -0.144 |
| Kaspa | -0.138 |
| KAITO | -0.125 |
| Shiba Inu | -0.085 |
Melon Dog price is positively correlated with the top 10 coins by market cap with a price of 0.356, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.318.
Currencies that are positively correlated with Melon Dog 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 Melon Dog, a move in one direction for Melon Dog would translate into a move in the opposite direction for the negatively correlated coin.
