Image of MGLD
MGLDMetallurgy
$0.0₅1044
0.00%
1D

Metallurgy Analysis

Investment Score
A quick view into Metallurgy's investment prospects.
7.5

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Quiet
Confidence: 95%
Why this state?
  • MGLD is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
MGLD is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 77.22, which points to stretched upside momentum.
Volatility
Quiet
MGLD ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₅1068 - $0.0₅1171
Active zone
$0.0₅1024 - $0.0₅1064
Support zone
$0.0₆9322 - $0.0₅1016
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Metallurgy support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.0₆9322 - $0.0₅1016
Resistance zone
$0.0₅1068 - $0.0₅1171
Active zone
$0.0₅1024 - $0.0₅1064
Levels Table
LevelZoneStrength
Support 1$0.0₆9322 - $0.0₅1016
Support 2$0.0₆8597 - $0.0₆9274
Support 3$0.0₆7677 - $0.0₆8356
Support 4$0.0₆6749 - $0.0₆7564
Resistance 1$0.0₅1068 - $0.0₅1171
Resistance 2$0.0₅1172 - $0.0₅1212
Resistance 3$0.0₅1319 - $0.0₅1359
Active 1$0.0₅1024 - $0.0₅1064
Scenario Analysis
Bullish scenario

MGLD clears the resistance zone at $0.0₅1068 - $0.0₅1171 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅1172 - $0.0₅1212.

Bearish scenario

MGLD loses the support zone at $0.0₆9322 - $0.0₅1016. That would weaken the setup and open the way toward $0.0₆8597 - $0.0₆9274.

Neutral scenario

MGLD continues trading between $0.0₅1016 and $0.0₅1068. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0₆9020
Bullish
MGLD is trading above the 50-day average.
SMA200
$0.0₆7616
Bullish
MGLD remains above the long-term trend line.
EMA50
$0.0₆9218
Bullish
MGLD is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₆8164
Bullish
MGLD is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
77.22
Overbought
RSI (14) is elevated at 77.22, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₇4481
Bearish
MACD is below its signal line.
ATR
0.00%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₅1044
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
35.09
Neutral
CCI (20) is at 35.09, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0₇9826
Bullish
Awesome Oscillator is above zero at $0.0₇9826, which supports bullish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$0.0₇1091
Bullish
Bull Bear Power (13) is positive at $0.0₇1091, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
10.92
Oversold
Ultimate Oscillator is weak at 10.92, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0₅1044
Bullish
MGLD is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₆8941
Bullish
MGLD is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Metallurgy

Over the past 7 days, Metallurgy price was most positively correlated with the price of BitTorrent (BTT), XDC Network (XDC), Bitcoin SV (BSV), Quant (QNT) and LEO Token (LEO) and most negatively correlated with the price of Aster (ASTER), World Liberty Financial (WLFI), JUST (JST), Pendle (PENDLE) and Gnosis (GNO).

Positively Correlated Currencies
NameCorrelation
Image of BitTorrentBitTorrent0.795
Image of XDC NetworkXDC Network0.762
Image of Bitcoin SVBitcoin SV0.756
Image of QuantQuant0.710
Image of LEO TokenLEO Token0.702
Negatively Correlated Currencies
NameCorrelation
Image of AsterAster-0.375
Image of World Liberty FinancialWorld Liberty Financial-0.287
Image of JUSTJUST-0.267
Image of PendlePendle-0.259
Image of GnosisGnosis-0.074

Metallurgy price is positively correlated with the top 10 coins by market cap with a price of 0.307, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.400. Currencies that are positively correlated with Metallurgy 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 Metallurgy, a move in one direction for Metallurgy would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app