Based on today's classical pivot point (P1) with the value of $0.0₆3828, Memeland has support levels of $0.0₆3568, $0.0₆3438, and the strongest at $0.0₆3179. Similarly, Memeland resistance levels are at $0.0₆3958, $0.0₆4217, and $0.0₆4347.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3568 | |
| S2 | $0.0₆3438 | |
| S3 | $0.0₆3179 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3958 | |
| R2 | $0.0₆4217 | |
| R3 | $0.0₆4347 |
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) | 46.65 | NEUTRAL |
| Stoch RSI (14) | 63.28 | NEUTRAL |
| Stochastic Fast (14) | 30.70 | NEUTRAL |
| Commodity Channel Index (20) | 48.15 | NEUTRAL |
| Average Directional Index (14) | 64.17 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -69.30 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 36.38 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Memeland price was most positively correlated with the price of XDC Network (XDC), Cosmos (ATOM), Midnight (NIGHT), Cronos (CRO) and Pendle (PENDLE) and most negatively correlated with the price of Dash (DASH), LEO Token (LEO), Bitcoin Cash (BCH), Virtuals Protocol (VIRTUAL) and Toncoin (TON).
| Name | Correlation |
|---|---|
| XDC Network | 0.451 |
| Cosmos | 0.433 |
| Midnight | 0.431 |
| Cronos | 0.424 |
| Pendle | 0.417 |
| Name | Correlation |
|---|---|
| Dash | -0.177 |
| LEO Token | -0.172 |
| Bitcoin Cash | -0.109 |
| Virtuals Protocol | -0.090 |
| Toncoin | -0.082 |
Memeland price is positively correlated with the top 10 coins by market cap with a price of 0.216, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.191.
Currencies that are positively correlated with Memeland 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 Memeland, a move in one direction for Memeland would translate into a move in the opposite direction for the negatively correlated coin.
