Image of SHROOM
SHROOMNiftyx Protocol
$0.002367
0.33%
1D

Niftyx Protocol Analysis

Investment Score
A quick view into Niftyx Protocol's investment prospects.
6.1

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

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 64%
Why this state?
  • SHROOM is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
SHROOM is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 57.58, which is neither overbought nor oversold.
Volatility
Volatile
SHROOM ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.002522 - $0.002668
Active zone
$0.002292 - $0.002504
Support zone
$0.001943 - $0.002125
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
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
$0.001943 - $0.002125
Resistance zone
$0.002522 - $0.002668
Active zone
$0.002292 - $0.002504
Levels Table
LevelZoneStrength
Support 1$0.001943 - $0.002125
Support 2$0.001850 - $0.001943
Support 3$0.001732 - $0.001826
Support 4$0.001541 - $0.001635
Resistance 1$0.002522 - $0.002668
Resistance 2$0.003764 - $0.003857
Resistance 3$0.004586 - $0.004812
Resistance 4$0.005080 - $0.005174
Active 1$0.002292 - $0.002504
Scenario Analysis
Bullish scenario

SHROOM clears the resistance zone at $0.002522 - $0.002668 and holds above it. That would strengthen the breakout case and shift attention to $0.003764 - $0.003857.

Bearish scenario

SHROOM loses the support zone at $0.001943 - $0.002125. That would weaken the setup and open the way toward $0.001850 - $0.001943.

Neutral scenario

SHROOM continues trading between $0.002125 and $0.002522. 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
$0.002090
Bullish
SHROOM is trading above the 50-day average.
SMA200
$0.002142
Bullish
SHROOM remains above the long-term trend line.
EMA50
$0.002163
Bullish
SHROOM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.002560
Bearish
SHROOM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
57.58
Neutral
RSI (14) is at 57.58, which keeps momentum in a balanced range.
Stoch RSI (14)
4.86
Oversold
Stoch RSI (14) is low at 4.86, which shows momentum is pressing near its recent lower extreme.
MACD
0.0001109
Bearish
MACD is below its signal line.
ATR
3.04%
Volatile
Volatility is above its 180-day median.
VWMA
$0.002355
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
7.55
Neutral
CCI (20) is at 7.55, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0002755
Bullish
Awesome Oscillator is above zero at $0.0002755, which supports bullish momentum.
Williams Percent Range (14)
-75.07
Neutral
Williams Percent Range (14) is at -75.07, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.00003684
Bearish
Bull Bear Power (13) is negative at $-0.00003684, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
37.55
Neutral
Ultimate Oscillator is at 37.55, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.002342
Bullish
SHROOM is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002226
Bullish
SHROOM is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Niftyx Protocol

Over the past 7 days, Niftyx Protocol price was most positively correlated with the price of Pudgy Penguins (PENGU), Bittensor (TAO), Sun Token (SUN), TRON (TRX) and OKB (OKB) and most negatively correlated with the price of Filecoin (FIL), Pyth Network (PYTH), Quant (QNT), JUST (JST) and Uniswap (UNI).

Positively Correlated Currencies
NameCorrelation
Image of Pudgy PenguinsPudgy Penguins0.808
Image of BittensorBittensor0.801
Image of Sun TokenSun Token0.789
Image of TRONTRON0.780
Image of OKBOKB0.762
Negatively Correlated Currencies
NameCorrelation
Image of FilecoinFilecoin-0.909
Image of Pyth NetworkPyth Network-0.859
Image of QuantQuant-0.844
Image of JUSTJUST-0.792
Image of UniswapUniswap-0.772

Niftyx Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.229, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.010. 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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