Based on today's classical pivot point (P1) with the value of $0.00006208, Merlin Starter has support levels of $0.00006040, $0.00005943, and the strongest at $0.00005775. Similarly, Merlin Starter resistance levels are at $0.00006305, $0.00006474, and $0.00006571.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00006040 | |
| S2 | $0.00005943 | |
| S3 | $0.00005775 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00006305 | |
| R2 | $0.00006474 | |
| R3 | $0.00006571 |
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) | 28.82 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 4.87 | BUY |
| Commodity Channel Index (20) | -199.46 | BUY |
| Average Directional Index (14) | 15.59 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -95.13 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 35.83 | 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, Merlin Starter price was most positively correlated with the price of Immutable X (IMX), Ethena (ENA), Dash (DASH), Binance Coin (BNB) and Solana (SOL) and most negatively correlated with the price of Algorand (ALGO), Bitcoin SV (BSV), Kaia (KAIA), IOTA (IOTA) and Quant (QNT).
| Name | Correlation |
|---|---|
| Immutable X | 0.715 |
| Ethena | 0.689 |
| Dash | 0.668 |
| Binance Coin | 0.661 |
| Solana | 0.629 |
| Name | Correlation |
|---|---|
| Algorand | -0.749 |
| Bitcoin SV | -0.737 |
| Kaia | -0.725 |
| IOTA | -0.707 |
| Quant | -0.689 |
Merlin Starter price is positively correlated with the top 10 coins by market cap with a price of 0.124, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.134.
Currencies that are positively correlated with Merlin Starter 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 Merlin Starter, a move in one direction for Merlin Starter would translate into a move in the opposite direction for the negatively correlated coin.
