Based on today's classical pivot point (P1) with the value of $0.01295, Midas Dollar has support levels of $0.01281, $0.01266, and the strongest at $0.01252. Similarly, Midas Dollar resistance levels are at $0.01309, $0.01323, and $0.01338.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01281 | |
| S2 | $0.01266 | |
| S3 | $0.01252 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01309 | |
| R2 | $0.01323 | |
| R3 | $0.01338 |
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) | 48.23 | NEUTRAL |
| Stoch RSI (14) | 55.41 | NEUTRAL |
| Stochastic Fast (14) | 47.51 | NEUTRAL |
| Commodity Channel Index (20) | -48.43 | NEUTRAL |
| Average Directional Index (14) | 25.57 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -52.49 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 40.99 | NEUTRAL |
| VWMA (10) | 0.01 | BUY |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Midas Dollar price was most positively correlated with the price of Mantle (MNT), Arbitrum (ARB), VeChain (VET), Immutable X (IMX) and Hedera Hashgraph (HBAR) and most negatively correlated with the price of Morpho (MORPHO), Jupiter (JUP), JUST (JST), TRON (TRX) and Pudgy Penguins (PENGU).
| Name | Correlation |
|---|---|
| Mantle | 0.375 |
| Arbitrum | 0.335 |
| VeChain | 0.326 |
| Immutable X | 0.324 |
| Hedera Hashgraph | 0.321 |
| Name | Correlation |
|---|---|
| Morpho | -0.366 |
| Jupiter | -0.335 |
| JUST | -0.306 |
| TRON | -0.284 |
| Pudgy Penguins | -0.277 |
Midas Dollar price is positively correlated with the top 10 coins by market cap with a price of 0.100, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.054.
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.
