Based on today's classical pivot point (P1) with the value of $0.00003004, Merlin Starter has support levels of $0.0₆9674, $-0.00001405, and the strongest at $-0.00004313. Similarly, Merlin Starter resistance levels are at $0.00004506, $0.00007414, and $0.00008916.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆9674 | |
| S2 | $-0.00001405 | |
| S3 | $-0.00004313 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00004506 | |
| R2 | $0.00007414 | |
| R3 | $0.00008916 |
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) | 24.08 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.34 | BUY |
| Commodity Channel Index (20) | -136.88 | BUY |
| Average Directional Index (14) | 68.07 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.66 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 10.72 | 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, Merlin Starter price was most positively correlated with the price of Celestia (TIA), Canton (CC), Decred (DCR), Cosmos (ATOM) and Aerodrome Finance (AERO) and most negatively correlated with the price of KAITO (KAITO), XDC Network (XDC), Sun Token (SUN), Pi Network (PI) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Celestia | 0.901 |
| Canton | 0.879 |
| Decred | 0.866 |
| Cosmos | 0.847 |
| Aerodrome Finance | 0.845 |
| Name | Correlation |
|---|---|
| KAITO | -0.823 |
| XDC Network | -0.796 |
| Sun Token | -0.760 |
| Pi Network | -0.747 |
| Venice Token | -0.726 |
Merlin Starter price is positively correlated with the top 10 coins by market cap with a price of 0.222, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.115.
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.
