Image of MPLX
MPLXMetaplex
$0.06191
-0.35%
1D

Metaplex Analysis

Investment Score
A quick view into Metaplex's investment prospects.
8.6

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Momentum is extended, which raises the risk of chasing.
Market State Summary
Current regime
Bull Volatile
Confidence: 95%
Why this state?
  • MPLX is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
MPLX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 73.82, which points to stretched upside momentum.
Volatility
Volatile
MPLX ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1880 - $0.2180
Active zone
$0.05662 - $0.07061
Support zone
$0.04543 - $0.05353
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Volatile
Volume
Average
Support & Resistance

Metaplex 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
$0.04543 - $0.05353
Resistance zone
$0.1880 - $0.2180
Active zone
$0.05662 - $0.07061
Levels Table
LevelZoneStrength
Support 1$0.04543 - $0.05353
Support 2$0.01364 - $0.04310
Resistance 1$0.1880 - $0.2180
Resistance 2$0.2200 - $0.2373
Resistance 3$0.2390 - $0.2516
Resistance 4$0.2546 - $0.2684
Active 1$0.05662 - $0.07061
Scenario Analysis
Bullish scenario

MPLX clears the resistance zone at $0.1880 - $0.2180 and holds above it. That would strengthen the breakout case and shift attention to $0.2200 - $0.2373.

Bearish scenario

MPLX loses the support zone at $0.04543 - $0.05353. That would weaken the setup and open the way toward $0.01364 - $0.04310.

Neutral scenario

MPLX continues trading between $0.05353 and $0.1880. 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
$0.03599
Bullish
MPLX is trading above the 50-day average.
SMA200
$0.02851
Bullish
MPLX remains above the long-term trend line.
EMA50
$0.03899
Bullish
MPLX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.03934
Bullish
MPLX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
73.82
Overbought
RSI (14) is elevated at 73.82, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
39.48
Neutral
Stoch RSI (14) is at 39.48, which suggests momentum is active but not yet extreme.
MACD
0.006898
Bullish
MACD is above its signal line.
ATR
10.13%
Volatile
Volatility is above its 180-day median.
VWMA
$0.05064
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
103.81
Bullish
CCI (20) is strong at 103.81, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.01652
Bullish
Awesome Oscillator is above zero at $0.01652, which supports bullish momentum.
Williams Percent Range (14)
-19.31
Overbought
Williams Percent Range (14) is near the top of its recent range at -19.31.
Bull Bear Power (13)
$0.009043
Bullish
Bull Bear Power (13) is positive at $0.009043, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
41.92
Neutral
Ultimate Oscillator is at 41.92, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.05713
Bullish
MPLX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.04998
Bullish
MPLX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Metaplex

Over the past 7 days, Metaplex price was most positively correlated with the price of Official Trump (TRUMP), Venice Token (VVV), Bitcoin (BTC), Morpho (MORPHO) and Worldcoin (WLD) and most negatively correlated with the price of Gnosis (GNO), Hedera Hashgraph (HBAR), XDC Network (XDC), Sei (SEI) and Chainlink (LINK).

Positively Correlated Currencies
NameCorrelation
Image of Official TrumpOfficial Trump0.656
Image of Venice TokenVenice Token0.652
Image of BitcoinBitcoin0.592
Image of MorphoMorpho0.590
Image of WorldcoinWorldcoin0.529
Negatively Correlated Currencies
NameCorrelation
Image of GnosisGnosis-0.557
Image of Hedera HashgraphHedera Hashgraph-0.522
Image of XDC NetworkXDC Network-0.511
Image of SeiSei-0.433
Image of ChainlinkChainlink-0.423

Metaplex price is positively correlated with the top 10 coins by market cap with a price of 0.239, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.179. Currencies that are positively correlated with Metaplex 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 Metaplex, a move in one direction for Metaplex would translate into a move in the opposite direction for the negatively correlated coin.

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