Based on today's classical pivot point (P1) with the value of $0.001730, MelosBoom has support levels of $0.001674, $0.001636, and the strongest at $0.001580. Similarly, MelosBoom resistance levels are at $0.001768, $0.001824, and $0.001863.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001674 | |
| S2 | $0.001636 | |
| S3 | $0.001580 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001768 | |
| R2 | $0.001824 | |
| R3 | $0.001863 |
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) | 7.19 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 3.40 | BUY |
| Commodity Channel Index (20) | -158.38 | BUY |
| Average Directional Index (14) | 80.67 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -96.60 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 22.83 | BUY |
| 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, MelosBoom price was most positively correlated with the price of Mantle (MNT), Worldcoin (WLD), Immutable X (IMX), XDC Network (XDC) and Hedera Hashgraph (HBAR) and most negatively correlated with the price of Aave (AAVE), Solana (SOL), Injective (INJ), Bitcoin SV (BSV) and Jito (JTO).
| Name | Correlation |
|---|---|
| Mantle | 0.935 |
| Worldcoin | 0.935 |
| Immutable X | 0.925 |
| XDC Network | 0.916 |
| Hedera Hashgraph | 0.899 |
| Name | Correlation |
|---|---|
| Aave | -0.806 |
| Solana | -0.785 |
| Injective | -0.753 |
| Bitcoin SV | -0.748 |
| Jito | -0.734 |
MelosBoom price is positively correlated with the top 10 coins by market cap with a price of 0.160, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.288.
Currencies that are positively correlated with MelosBoom 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 MelosBoom, a move in one direction for MelosBoom would translate into a move in the opposite direction for the negatively correlated coin.
