Based on today's classical pivot point (P1) with the value of $0.02938, Morpheus Network has support levels of $0.02938, $0.02938, and the strongest at $0.02938. Similarly, Morpheus Network resistance levels are at $0.02938, $0.02938, and $0.02938.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02938 | |
| S2 | $0.02938 | |
| S3 | $0.02938 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02938 | |
| R2 | $0.02938 | |
| R3 | $0.02938 |
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) | 41.25 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 16.97 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | NEUTRAL | |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | NEUTRAL | |
| VWMA (10) | 0.03 | BUY |
| Hull Moving Average (9) | 0.03 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
Over the past 7 days, Morpheus Network price was most positively correlated with the price of Quant (QNT), Conflux (CFX), TRON (TRX), Immutable X (IMX) and Dogecoin (DOGE) and most negatively correlated with the price of Beldex (BDX), Morpho (MORPHO), Polygon Ecosystem Token (POL), Terra Classic (LUNC) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| Quant | 0.594 |
| Conflux | 0.552 |
| TRON | 0.545 |
| Immutable X | 0.463 |
| Dogecoin | 0.406 |
| Name | Correlation |
|---|---|
| Beldex | -0.783 |
| Morpho | -0.531 |
| Polygon Ecosystem Token | -0.515 |
| Terra Classic | -0.479 |
| Artificial Superintelligence Alliance | -0.447 |
Morpheus Network price is negatively correlated with the top 10 coins by market cap with a price of -0.209, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.155.
Currencies that are positively correlated with Morpheus Network 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 Morpheus Network, a move in one direction for Morpheus Network would translate into a move in the opposite direction for the negatively correlated coin.
