Based on today's classical pivot point (P1) with the value of $0.0₅4669, Meme Economic Forum has support levels of $0.0₅4267, $0.0₅3856, and the strongest at $0.0₅3454. Similarly, Meme Economic Forum resistance levels are at $0.0₅5080, $0.0₅5482, and $0.0₅5893.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅4267 | |
| S2 | $0.0₅3856 | |
| S3 | $0.0₅3454 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5080 | |
| R2 | $0.0₅5482 | |
| R3 | $0.0₅5893 |
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) | 43.23 | NEUTRAL |
| Stoch RSI (14) | 29.92 | NEUTRAL |
| Stochastic Fast (14) | 24.56 | NEUTRAL |
| Commodity Channel Index (20) | -101.42 | BUY |
| Average Directional Index (14) | 15.21 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -75.44 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.60 | 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, Meme Economic Forum price was most positively correlated with the price of Solana (SOL), Litecoin (LTC), Celestia (TIA), Binance Coin (BNB) and BitTorrent (BTT) and most negatively correlated with the price of Kaia (KAIA), JUST (JST), IOTA (IOTA), Algorand (ALGO) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Solana | 0.700 |
| Litecoin | 0.677 |
| Celestia | 0.656 |
| Binance Coin | 0.652 |
| BitTorrent | 0.641 |
| Name | Correlation |
|---|---|
| Kaia | -0.474 |
| JUST | -0.459 |
| IOTA | -0.372 |
| Algorand | -0.366 |
| Venice Token | -0.341 |
Meme Economic Forum price is positively correlated with the top 10 coins by market cap with a price of 0.326, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.305.
Currencies that are positively correlated with Meme Economic Forum 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 Meme Economic Forum, a move in one direction for Meme Economic Forum would translate into a move in the opposite direction for the negatively correlated coin.
