Based on today's classical pivot point (P1) with the value of $0.0₈1067, MERIN has support levels of $0.0₉3332, $-3.349e-11, and the strongest at $-7.669e-10. Similarly, MERIN resistance levels are at $0.0₈1433, $0.0₈2167, and $0.0₈2533.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₉3332 | |
| S2 | $-3.349e-11 | |
| S3 | $-7.669e-10 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₈1433 | |
| R2 | $0.0₈2167 | |
| R3 | $0.0₈2533 |
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) | 0.01 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -49.83 | NEUTRAL |
| Average Directional Index (14) | 99.77 | SELL |
| Awesome Oscillator (5, 34) | -0.06 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.11 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | BUY |
| Bull Bear Power (13) | -0.06 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 14.40 | 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, MERIN price was most positively correlated with the price of Official Trump (TRUMP), Venice Token (VVV), Pi Network (PI), Morpho (MORPHO) and World Liberty Financial (WLFI) and most negatively correlated with the price of Kaspa (KAS), JUST (JST), Sun Token (SUN), Quant (QNT) and TRON (TRX).
| Name | Correlation |
|---|---|
| Official Trump | 0.876 |
| Venice Token | 0.867 |
| Pi Network | 0.824 |
| Morpho | 0.755 |
| World Liberty Financial | 0.739 |
| Name | Correlation |
|---|---|
| Kaspa | -0.939 |
| JUST | -0.876 |
| Sun Token | -0.872 |
| Quant | -0.861 |
| TRON | -0.854 |
MERIN price is negatively correlated with the top 10 coins by market cap with a price of -0.063, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.047.
Currencies that are positively correlated with MERIN 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 MERIN, a move in one direction for MERIN would translate into a move in the opposite direction for the negatively correlated coin.
