Image of MULTI
MULTIMultichain
$0.01265
0.00%
1D

Multichain Analysis

Investment Score
A quick view into Multichain's investment prospects.
4.3

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • MACD is confirming the current directional bias.
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • MULTI is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
MULTI is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 37.65, which is neither overbought nor oversold.
Volatility
Quiet
MULTI ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03167 - $0.03339
Active zone
$0.01137 - $0.02002
Support zone
$0.01093 - $0.01265
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

Multichain 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
$0.01093 - $0.01265
Resistance zone
$0.03167 - $0.03339
Active zone
$0.01137 - $0.02002
Levels Table
LevelZoneStrength
Support 1$0.01093 - $0.01265
Resistance 1$0.03167 - $0.03339
Resistance 2$0.03470 - $0.03603
Resistance 3$0.03701 - $0.03873
Resistance 4$0.03961 - $0.04133
Active 1$0.01137 - $0.02002
Scenario Analysis
Bullish scenario

MULTI clears the resistance zone at $0.03167 - $0.03339 and holds above it. That would strengthen the breakout case and shift attention to $0.03470 - $0.03603.

Bearish scenario

MULTI loses the support zone at $0.01093 - $0.01265. That would weaken the setup and open the way toward $0.01093 - $0.01265.

Neutral scenario

MULTI continues trading between $0.01265 and $0.03167. 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
$0.02336
Bearish
MULTI is trading below the 50-day average.
SMA200
$0.08190
Bearish
MULTI remains below the long-term trend line.
EMA50
$0.02605
Bearish
MULTI is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.07745
Bearish
MULTI is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
37.65
Neutral
RSI (14) is at 37.65, which keeps momentum in a balanced range.
Stoch RSI (14)
10.67
Oversold
Stoch RSI (14) is low at 10.67, which shows momentum is pressing near its recent lower extreme.
MACD
-0.003461
Bullish
MACD is above its signal line.
ATR
10.46%
Quiet
Volatility is below its 180-day median.
VWMA
$0.01362
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-71.38
Neutral
CCI (20) is at -71.38, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.007010
Bearish
Awesome Oscillator is below zero at $-0.007010, which supports bearish momentum.
Williams Percent Range (14)
-99.89
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -99.89.
Bull Bear Power (13)
$-0.001736
Bearish
Bull Bear Power (13) is negative at $-0.001736, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
24.37
Oversold
Ultimate Oscillator is weak at 24.37, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.01257
Bullish
MULTI is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.01899
Bearish
MULTI is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Multichain

Over the past 7 days, Multichain price was most positively correlated with the price of VeChain (VET), Cronos (CRO), Tezos (XTZ), Sky (SKY) and GateToken (GT) and most negatively correlated with the price of Quant (QNT), Dash (DASH), SPX6900 (SPX), Ethena (ENA) and Midnight (NIGHT).

Positively Correlated Currencies
NameCorrelation
Image of VeChainVeChain0.756
Image of CronosCronos0.698
Image of TezosTezos0.696
Image of SkySky0.681
Image of GateTokenGateToken0.650
Negatively Correlated Currencies
NameCorrelation
Image of QuantQuant-0.589
Image of DashDash-0.569
Image of SPX6900SPX6900-0.479
Image of EthenaEthena-0.364
Image of MidnightMidnight-0.285

Multichain price is positively correlated with the top 10 coins by market cap with a price of 0.355, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.361. Currencies that are positively correlated with Multichain 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 Multichain, a move in one direction for Multichain would translate into a move in the opposite direction for the negatively correlated coin.

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