Image of SHROOM
SHROOMNiftyx Protocol
$0.002367
0.60%
1D

Niftyx Protocol Analysis

Investment Score
A quick view into Niftyx Protocol's investment prospects.
6.4

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

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 trading above the Ichimoku base line, which keeps the broader structure supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 75%
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 56.31, 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
$0.002517 - $0.002665
Active zone
$0.002282 - $0.002510
Support zone
$0.001840 - $0.002134
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
High
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
$0.001840 - $0.002134
Resistance zone
$0.002517 - $0.002665
Active zone
$0.002282 - $0.002510
Levels Table
LevelZoneStrength
Support 1$0.001840 - $0.002134
Support 2$0.001723 - $0.001836
Support 3$0.001532 - $0.001644
Resistance 1$0.002517 - $0.002665
Resistance 2$0.003754 - $0.003943
Resistance 3$0.004577 - $0.004821
Resistance 4$0.005070 - $0.005183
Active 1$0.002282 - $0.002510
Scenario Analysis
Bullish scenario

SHROOM clears the resistance zone at $0.002517 - $0.002665 and holds above it. That would strengthen the breakout case and shift attention to $0.003754 - $0.003943.

Bearish scenario

SHROOM loses the support zone at $0.001840 - $0.002134. That would weaken the setup and open the way toward $0.001723 - $0.001836.

Neutral scenario

SHROOM continues trading between $0.002134 and $0.002517. 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
$0.002082
Bullish
SHROOM is trading above the 50-day average.
SMA200
$0.002143
Bullish
SHROOM remains above the long-term trend line.
EMA50
$0.002154
Bullish
SHROOM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.002562
Bearish
SHROOM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
56.31
Neutral
RSI (14) is at 56.31, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0001234
Bearish
MACD is below its signal line.
ATR
3.69%
Volatile
Volatility is above its 180-day median.
VWMA
$0.002354
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
8.58
Neutral
CCI (20) is at 8.58, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0003224
Bullish
Awesome Oscillator is above zero at $0.0003224, which supports bullish momentum.
Williams Percent Range (14)
-68.24
Neutral
Williams Percent Range (14) is at -68.24, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.00005645
Bearish
Bull Bear Power (13) is negative at $-0.00005645, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
40.82
Neutral
Ultimate Oscillator is at 40.82, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.002391
Bearish
SHROOM is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002170
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 Sun Token (SUN), Pudgy Penguins (PENGU), TRON (TRX), Bittensor (TAO) and Solana (SOL) 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 Sun TokenSun Token0.825
Image of Pudgy PenguinsPudgy Penguins0.815
Image of TRONTRON0.796
Image of BittensorBittensor0.793
Image of SolanaSolana0.790
Negatively Correlated Currencies
NameCorrelation
Image of FilecoinFilecoin-0.892
Image of Pyth NetworkPyth Network-0.848
Image of QuantQuant-0.794
Image of JUSTJUST-0.778
Image of UniswapUniswap-0.760

Niftyx Protocol price is negatively correlated with the top 10 coins by market cap with a price of -0.095, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.111. 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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