Image of SHROOM
SHROOMNiftyx Protocol
$0.002065
3.75%
1D

Niftyx Protocol Analysis

Investment Score
A quick view into Niftyx Protocol's investment prospects.
5.7

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
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: 78%
Why this state?
  • SHROOM is below SMA50
  • SMA50 is above 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
SHROOM is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 38.69, which is neither overbought nor oversold.
Volatility
Quiet
SHROOM ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.002192 - $0.002245
Active zone
$0.001938 - $0.002016
Support zone
$0.001870 - $0.001923
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Niftyx Protocol 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
$0.001870 - $0.001923
Resistance zone
$0.002192 - $0.002245
Active zone
$0.001938 - $0.002016
Levels Table
LevelZoneStrength
Support 1$0.001870 - $0.001923
Support 2$0.001753 - $0.001806
Support 3$0.001561 - $0.001614
Resistance 1$0.002192 - $0.002245
Resistance 2$0.002279 - $0.002369
Resistance 3$0.002387 - $0.002440
Resistance 4$0.002536 - $0.002590
Active 1$0.001938 - $0.002016
Scenario Analysis
Bullish scenario

SHROOM clears the resistance zone at $0.002192 - $0.002245 and holds above it. That would strengthen the breakout case and shift attention to $0.002279 - $0.002369.

Bearish scenario

SHROOM loses the support zone at $0.001870 - $0.001923. That would weaken the setup and open the way toward $0.001753 - $0.001806.

Neutral scenario

SHROOM continues trading between $0.001923 and $0.002192. 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
$0.002264
Bearish
SHROOM is trading below the 50-day average.
SMA200
$0.002127
Bearish
SHROOM remains below the long-term trend line.
EMA50
$0.002168
Bearish
SHROOM is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.002423
Bearish
SHROOM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
38.69
Neutral
RSI (14) is at 38.69, which keeps momentum in a balanced range.
Stoch RSI (14)
61.67
Neutral
Stoch RSI (14) is at 61.67, which suggests momentum is active but not yet extreme.
MACD
-0.00007386
Bullish
MACD is above its signal line.
ATR
2.05%
Quiet
Volatility is below its 180-day median.
VWMA
$0.002045
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-84.49
Neutral
CCI (20) is at -84.49, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.0001783
Bearish
Awesome Oscillator is below zero at $-0.0001783, which supports bearish momentum.
Williams Percent Range (14)
-71.87
Neutral
Williams Percent Range (14) is at -71.87, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.00004213
Bearish
Bull Bear Power (13) is negative at $-0.00004213, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
45.33
Neutral
Ultimate Oscillator is at 45.33, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001969
Bullish
SHROOM is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002069
Bearish
SHROOM is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Niftyx Protocol

Over the past 7 days, Niftyx Protocol price was most positively correlated with the price of Ethereum (ETH), Bitcoin (BTC), KuCoin Token (KCS), Injective (INJ) and XRP (XRP) and most negatively correlated with the price of Hyperliquid (HYPE), Sky (SKY), Pi Network (PI), LayerZero (ZRO) and Plasma (XPL).

Positively Correlated Currencies
NameCorrelation
Image of EthereumEthereum0.925
Image of BitcoinBitcoin0.864
Image of KuCoin TokenKuCoin Token0.860
Image of InjectiveInjective0.836
Image of XRPXRP0.834
Negatively Correlated Currencies
NameCorrelation
Image of HyperliquidHyperliquid-0.416
Image of SkySky-0.381
Image of Pi NetworkPi Network-0.180
Image of LayerZeroLayerZero-0.119
Image of PlasmaPlasma-0.075

Niftyx Protocol 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 0.519. Currencies that are positively correlated with Niftyx Protocol 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 Niftyx Protocol, a move in one direction for Niftyx Protocol would translate into a move in the opposite direction for the negatively correlated coin.

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