Image of MDO
MDOMidas Dollar
$0.01303
-0.68%
1D

Midas Dollar Analysis

Investment Score
A quick view into Midas Dollar's investment prospects.
7.7

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

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Institutional Support Reclaimed: A recent candle wick broke below SMA200 but closed above it while VWMA held, indicating strong buying interest at that level.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 82%
Why this state?
  • MDO is above SMA50
  • SMA50 is below 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
MDO is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 47.34, which is neither overbought nor oversold.
Volatility
Quiet
MDO ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.01317 - $0.01498
Active zone
$0.01183 - $0.01316
Support zone
$0.01268 - $0.01302
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

Midas Dollar 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
$0.01268 - $0.01302
Resistance zone
$0.01317 - $0.01498
Active zone
$0.01183 - $0.01316
Levels Table
LevelZoneStrength
Support 1$0.01268 - $0.01302
Resistance 1$0.01317 - $0.01498
Resistance 2$0.01500 - $0.01578
Resistance 3$0.01583 - $0.01694
Resistance 4$0.01705 - $0.01739
Active 1$0.01183 - $0.01316
Scenario Analysis
Bullish scenario

MDO clears the resistance zone at $0.01317 - $0.01498 and holds above it. That would strengthen the breakout case and shift attention to $0.01500 - $0.01578.

Bearish scenario

MDO loses the support zone at $0.01268 - $0.01302. That would weaken the setup and open the way toward $0.01268 - $0.01302.

Neutral scenario

MDO continues trading between $0.01302 and $0.01317. 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
$0.01297
Bullish
MDO is trading above the 50-day average.
SMA200
$0.01302
Bullish
MDO remains above the long-term trend line.
EMA50
$0.01302
Bullish
MDO is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01318
Bearish
MDO is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
47.34
Neutral
RSI (14) is at 47.34, which keeps momentum in a balanced range.
Stoch RSI (14)
9.00
Oversold
Stoch RSI (14) is low at 9.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.00003952
Bearish
MACD is below its signal line.
ATR
2.02%
Quiet
Volatility is below its 180-day median.
VWMA
$0.01314
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
58.26
Neutral
CCI (20) is at 58.26, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0001260
Bullish
Awesome Oscillator is above zero at $0.0001260, which supports bullish momentum.
Williams Percent Range (14)
-77.35
Neutral
Williams Percent Range (14) is at -77.35, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0001250
Bullish
Bull Bear Power (13) is positive at $0.0001250, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
40.88
Neutral
Ultimate Oscillator is at 40.88, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.01308
Bearish
MDO is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.01316
Bearish
MDO is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Midas Dollar

Over the past 7 days, Midas Dollar price was most positively correlated with the price of Binance Coin (BNB), Floki Inu (FLOKI), Shiba Inu (SHIB), Gram (prev. Toncoin) (GRAM) and SPX6900 (SPX) and most negatively correlated with the price of Kaspa (KAS), Raydium (RAY), Tezos (XTZ), NEAR Protocol (NEAR) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of Binance CoinBinance Coin0.670
Image of Floki InuFloki Inu0.583
Image of Shiba InuShiba Inu0.557
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.548
Image of SPX6900SPX69000.544
Negatively Correlated Currencies
NameCorrelation
Image of KaspaKaspa-0.415
Image of RaydiumRaydium-0.388
Image of TezosTezos-0.378
Image of NEAR ProtocolNEAR Protocol-0.372
Image of BitTorrentBitTorrent-0.359

Midas Dollar price is positively correlated with the top 10 coins by market cap with a price of 0.195, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.252. Currencies that are positively correlated with Midas Dollar 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 Midas Dollar, a move in one direction for Midas Dollar would translate into a move in the opposite direction for the negatively correlated coin.

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