Based on today's classical pivot point (P1) with the value of $4.36, MemeCore has support levels of $4.25, $4.16, and the strongest at $4.05. Similarly, MemeCore resistance levels are at $4.44, $4.55, and $4.64.
| # | Price | Strength |
|---|---|---|
| S1 | $4.25 | |
| S2 | $4.16 | |
| S3 | $4.05 |
| # | Price | Strength |
|---|---|---|
| R1 | $4.44 | |
| R2 | $4.55 | |
| R3 | $4.64 |
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) | 72.91 | SELL |
| Stoch RSI (14) | 46.42 | NEUTRAL |
| Stochastic Fast (14) | 76.72 | NEUTRAL |
| Commodity Channel Index (20) | 99.64 | NEUTRAL |
| Average Directional Index (14) | 61.21 | BUY |
| Awesome Oscillator (5, 34) | 1.41 | NEUTRAL |
| Momentum (10) | 0.59 | NEUTRAL |
| MACD (12, 26) | 0.07 | NEUTRAL |
| Williams Percent Range (14) | -23.28 | NEUTRAL |
| Bull Bear Power (13) | 0.93 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 61.77 | NEUTRAL |
| VWMA (10) | 4.02 | BUY |
| Hull Moving Average (9) | 4.79 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.57 | NEUTRAL |
Over the past 7 days, MemeCore price was most positively correlated with the price of JUST (JST), Sun Token (SUN), Sei (SEI), SPX6900 (SPX) and Immutable X (IMX) and most negatively correlated with the price of Venice Token (VVV), BitTorrent (BTT), DeXe (DEXE), Ethena (ENA) and Canton (CC).
| Name | Correlation |
|---|---|
| JUST | 0.826 |
| Sun Token | 0.745 |
| Sei | 0.736 |
| SPX6900 | 0.692 |
| Immutable X | 0.659 |
| Name | Correlation |
|---|---|
| Venice Token | -0.606 |
| BitTorrent | -0.594 |
| DeXe | -0.568 |
| Ethena | -0.533 |
| Canton | -0.520 |
MemeCore price is positively correlated with the top 10 coins by market cap with a price of 0.270, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.120.
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.
