Based on today's classical pivot point (P1) with the value of $0.0₅1504, MigMig has support levels of $0.0₅1467, $0.0₅1426, and the strongest at $0.0₅1390. Similarly, MigMig resistance levels are at $0.0₅1545, $0.0₅1582, and $0.0₅1623.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1467 | |
| S2 | $0.0₅1426 | |
| S3 | $0.0₅1390 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1545 | |
| R2 | $0.0₅1582 | |
| R3 | $0.0₅1623 |
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) | 88.52 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 89.69 | SELL |
| Commodity Channel Index (20) | 265.08 | SELL |
| Average Directional Index (14) | 36.15 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -10.31 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 72.54 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, MigMig price was most positively correlated with the price of Jupiter (JUP), Jasmy (JASMY), Immutable X (IMX), Celestia (TIA) and Uniswap (UNI) and most negatively correlated with the price of Pi Network (PI), Beldex (BDX), Dogecoin (DOGE), Decred (DCR) and Ethereum (ETH).
| Name | Correlation |
|---|---|
| Jupiter | 0.958 |
| Jasmy | 0.938 |
| Immutable X | 0.935 |
| Celestia | 0.934 |
| Uniswap | 0.927 |
| Name | Correlation |
|---|---|
| Pi Network | -0.741 |
| Beldex | -0.552 |
| Dogecoin | -0.526 |
| Decred | -0.452 |
| Ethereum | -0.374 |
MigMig price is positively correlated with the top 10 coins by market cap with a price of 0.696, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.581.
Currencies that are positively correlated with MigMig 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 MigMig, a move in one direction for MigMig would translate into a move in the opposite direction for the negatively correlated coin.
