Image of MPLX
MPLXMetaplex
$0.05405
-8.57%
1D

Metaplex Analysis

Investment Score
A quick view into Metaplex's investment prospects.
8.5

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.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
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
Neutral
RSI is 57.12, which is neither overbought nor oversold.
Volatility
Volatile
MPLX ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.08233 - $0.1008
Active zone
$0.05640 - $0.07331
Support zone
$0.01668 - $0.05347
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
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
$0.01668 - $0.05347
Resistance zone
$0.08233 - $0.1008
Active zone
$0.05640 - $0.07331
Levels Table
LevelZoneStrength
Support 1$0.01668 - $0.05347
Resistance 1$0.08233 - $0.1008
Resistance 2$0.1868 - $0.2191
Resistance 3$0.2216 - $0.2382
Resistance 4$0.2592 - $0.2696
Active 1$0.05640 - $0.07331
Scenario Analysis
Bullish scenario

MPLX clears the resistance zone at $0.08233 - $0.1008 and holds above it. That would strengthen the breakout case and shift attention to $0.1868 - $0.2191.

Bearish scenario

MPLX loses the support zone at $0.01668 - $0.05347. That would weaken the setup and open the way toward $0.01668 - $0.05347.

Neutral scenario

MPLX continues trading between $0.05347 and $0.08233. 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
$0.04639
Bullish
MPLX is trading above the 50-day average.
SMA200
$0.03064
Bullish
MPLX remains above the long-term trend line.
EMA50
$0.04743
Bullish
MPLX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.04207
Bullish
MPLX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
57.12
Neutral
RSI (14) is at 57.12, which keeps momentum in a balanced range.
Stoch RSI (14)
44.37
Neutral
Stoch RSI (14) is at 44.37, which suggests momentum is active but not yet extreme.
MACD
0.003032
Bullish
MACD is above its signal line.
ATR
13.93%
Volatile
Volatility is above its 180-day median.
VWMA
$0.06227
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
39.81
Neutral
CCI (20) is at 39.81, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.01055
Bullish
Awesome Oscillator is above zero at $0.01055, which supports bullish momentum.
Williams Percent Range (14)
-81.12
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -81.12.
Bull Bear Power (13)
$0.003860
Bullish
Bull Bear Power (13) is positive at $0.003860, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
27.62
Oversold
Ultimate Oscillator is weak at 27.62, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.06517
Bearish
MPLX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.07790
Bearish
MPLX is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Metaplex

Over the past 7 days, Metaplex price was most positively correlated with the price of Worldcoin (WLD), Sky (SKY), Curve DAO Token (CRV), BitTorrent (BTT) and Convex Finance (CVX) and most negatively correlated with the price of StarkNet (STRK), World Liberty Financial (WLFI), TRON (TRX), Beldex (BDX) and Stacks (STX).

Positively Correlated Currencies
NameCorrelation
Image of WorldcoinWorldcoin0.788
Image of SkySky0.756
Image of Curve DAO TokenCurve DAO Token0.731
Image of BitTorrentBitTorrent0.727
Image of Convex FinanceConvex Finance0.702
Negatively Correlated Currencies
NameCorrelation
Image of StarkNetStarkNet-0.510
Image of World Liberty FinancialWorld Liberty Financial-0.478
Image of TRONTRON-0.468
Image of BeldexBeldex-0.416
Image of StacksStacks-0.392

Metaplex price is positively correlated with the top 10 coins by market cap with a price of 0.092, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.215. 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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