Image of SHELL
SHELLMyShell
$0.02080
5.90%
1D

MyShell Analysis

Investment Score
A quick view into MyShell's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Quiet
Confidence: 83%
Why this state?
  • SHELL is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
SHELL is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 47.72, which is neither overbought nor oversold.
Volatility
Quiet
SHELL ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.02267 - $0.02504
Active zone
$0.01871 - $0.02155
Support zone
$0.01960 - $0.02097
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

MyShell 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
$0.01960 - $0.02097
Resistance zone
$0.02267 - $0.02504
Active zone
$0.01871 - $0.02155
Levels Table
LevelZoneStrength
Support 1$0.01960 - $0.02097
Resistance 1$0.02267 - $0.02504
Resistance 2$0.02522 - $0.02700
Resistance 3$0.03370 - $0.03843
Resistance 4$0.04211 - $0.04317
Active 1$0.01871 - $0.02155
Scenario Analysis
Bullish scenario

SHELL clears the resistance zone at $0.02267 - $0.02504 and holds above it. That would strengthen the breakout case and shift attention to $0.02522 - $0.02700.

Bearish scenario

SHELL loses the support zone at $0.01960 - $0.02097. That would weaken the setup and open the way toward $0.01960 - $0.02097.

Neutral scenario

SHELL continues trading between $0.02097 and $0.02267. 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
$0.02083
Bullish
SHELL is trading above the 50-day average.
SMA200
$0.02666
Bearish
SHELL remains below the long-term trend line.
EMA50
$0.02143
Bearish
SHELL is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.03219
Bearish
SHELL is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
47.72
Neutral
RSI (14) is at 47.72, which keeps momentum in a balanced range.
Stoch RSI (14)
38.46
Neutral
Stoch RSI (14) is at 38.46, which suggests momentum is active but not yet extreme.
MACD
-0.0002820
Bearish
MACD is below its signal line.
ATR
5.02%
Quiet
Volatility is below its 180-day median.
VWMA
$0.02170
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-73.08
Neutral
CCI (20) is at -73.08, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.001314
Bearish
Awesome Oscillator is below zero at $-0.001314, which supports bearish momentum.
Williams Percent Range (14)
-70.05
Neutral
Williams Percent Range (14) is at -70.05, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0004709
Bearish
Bull Bear Power (13) is negative at $-0.0004709, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
43.30
Neutral
Ultimate Oscillator is at 43.30, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.02022
Bullish
SHELL is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02191
Bearish
SHELL is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to MyShell

Over the past 7 days, MyShell price was most positively correlated with the price of Bonk (BONK), Litecoin (LTC), Kaspa (KAS), Artificial Superintelligence Alliance (FET) and Conflux (CFX) and most negatively correlated with the price of JUST (JST), APENFT (NFT), Pendle (PENDLE), Arbitrum (ARB) and Zcash (ZEC).

Positively Correlated Currencies
NameCorrelation
Image of BonkBonk0.915
Image of LitecoinLitecoin0.909
Image of KaspaKaspa0.888
Image of Artificial Superintelligence AllianceArtificial Superintelligence Alliance0.875
Image of ConfluxConflux0.873
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.420
Image of APENFTAPENFT-0.403
Image of PendlePendle-0.121
Image of ArbitrumArbitrum-0.041
Image of ZcashZcash-0.010

MyShell price is positively correlated with the top 10 coins by market cap with a price of 0.561, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.583. Currencies that are positively correlated with MyShell 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 MyShell, a move in one direction for MyShell would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app