Based on today's classical pivot point (P1) with the value of $3.19, MemeCore has support levels of $3.09, $3.01, and the strongest at $2.91. Similarly, MemeCore resistance levels are at $3.27, $3.37, and $3.45.
| # | Price | Strength |
|---|---|---|
| S1 | $3.09 | |
| S2 | $3.01 | |
| S3 | $2.91 |
| # | Price | Strength |
|---|---|---|
| R1 | $3.27 | |
| R2 | $3.37 | |
| R3 | $3.45 |
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) | 46.17 | NEUTRAL |
| Stoch RSI (14) | 39.11 | NEUTRAL |
| Stochastic Fast (14) | 40.19 | NEUTRAL |
| Commodity Channel Index (20) | -39.56 | NEUTRAL |
| Average Directional Index (14) | 18.00 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.27 | NEUTRAL |
| Momentum (10) | -0.66 | NEUTRAL |
| MACD (12, 26) | -0.05 | NEUTRAL |
| Williams Percent Range (14) | -59.81 | NEUTRAL |
| Bull Bear Power (13) | -0.18 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 41.89 | NEUTRAL |
| VWMA (10) | 3.34 | SELL |
| Hull Moving Average (9) | 3.15 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.72 | NEUTRAL |
Over the past 7 days, MemeCore price was most positively correlated with the price of World Liberty Financial (WLFI), Immutable X (IMX), Celestia (TIA), Chainlink (LINK) and Stacks (STX) and most negatively correlated with the price of Chiliz (CHZ), DeXe (DEXE), Quant (QNT), TRON (TRX) and Flare (FLR).
| Name | Correlation |
|---|---|
| World Liberty Financial | 0.833 |
| Immutable X | 0.749 |
| Celestia | 0.739 |
| Chainlink | 0.733 |
| Stacks | 0.723 |
| Name | Correlation |
|---|---|
| Chiliz | -0.631 |
| DeXe | -0.409 |
| Quant | -0.367 |
| TRON | -0.291 |
| Flare | -0.282 |
MemeCore price is positively correlated with the top 10 coins by market cap with a price of 0.578, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.497.
Currencies that are positively correlated with MemeCore 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 MemeCore, a move in one direction for MemeCore would translate into a move in the opposite direction for the negatively correlated coin.
