Based on today's classical pivot point (P1) with the value of $0.06473, MonaCoin has support levels of $0.06354, $0.06250, and the strongest at $0.06131. Similarly, MonaCoin resistance levels are at $0.06578, $0.06696, and $0.06801.
| # | Price | Strength |
|---|---|---|
| S1 | $0.06354 | |
| S2 | $0.06250 | |
| S3 | $0.06131 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.06578 | |
| R2 | $0.06696 | |
| R3 | $0.06801 |
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) | 43.01 | NEUTRAL |
| Stoch RSI (14) | 8.75 | BUY |
| Stochastic Fast (14) | 16.76 | BUY |
| Commodity Channel Index (20) | -54.96 | NEUTRAL |
| Average Directional Index (14) | 24.44 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -83.24 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 58.14 | NEUTRAL |
| VWMA (10) | 0.07 | SELL |
| Hull Moving Average (9) | 0.07 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.07 | NEUTRAL |
Over the past 7 days, MonaCoin price was most positively correlated with the price of NEAR Protocol (NEAR), Gnosis (GNO), Immutable X (IMX), Curve DAO Token (CRV) and Ethereum (ETH) and most negatively correlated with the price of Pi Network (PI), Zebec Network (ZBCN), DeXe (DEXE), LEO Token (LEO) and Quant (QNT).
| Name | Correlation |
|---|---|
| NEAR Protocol | 0.804 |
| Gnosis | 0.777 |
| Immutable X | 0.769 |
| Curve DAO Token | 0.764 |
| Ethereum | 0.757 |
| Name | Correlation |
|---|---|
| Pi Network | -0.371 |
| Zebec Network | -0.350 |
| DeXe | -0.253 |
| LEO Token | -0.232 |
| Quant | -0.222 |
MonaCoin price is positively correlated with the top 10 coins by market cap with a price of 0.615, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.512.
Currencies that are positively correlated with MonaCoin 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 MonaCoin, a move in one direction for MonaCoin would translate into a move in the opposite direction for the negatively correlated coin.
