Image of SHROOM
SHROOMNiftyx Protocol
$0.002354
0.33%
1D

Niftyx Protocol Analysis

Investment Score
A quick view into Niftyx Protocol's investment prospects.
7.0

The asset looks technically constructive, but the current entry quality is not perfect.

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
  • 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: 78%
Why this state?
  • SHROOM is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • 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 48.28, 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
$0.003467 - $0.004069
Active zone
$0.001438 - $0.002759
Support zone
$0.001799 - $0.002354
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
$0.001799 - $0.002354
Resistance zone
$0.003467 - $0.004069
Active zone
$0.001438 - $0.002759
Levels Table
LevelZoneStrength
Support 1$0.001799 - $0.002354
Resistance 1$0.003467 - $0.004069
Resistance 2$0.004296 - $0.006427
Resistance 3$0.006548 - $0.007259
Resistance 4$0.007328 - $0.008448
Active 1$0.001438 - $0.002759
Scenario Analysis
Bullish scenario

SHROOM clears the resistance zone at $0.003467 - $0.004069 and holds above it. That would strengthen the breakout case and shift attention to $0.004296 - $0.006427.

Bearish scenario

SHROOM loses the support zone at $0.001799 - $0.002354. That would weaken the setup and open the way toward $0.001799 - $0.002354.

Neutral scenario

SHROOM continues trading between $0.002354 and $0.003467. 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
$0.002336
Bullish
SHROOM is trading above the 50-day average.
SMA200
$0.002161
Bullish
SHROOM remains above the long-term trend line.
EMA50
$0.002364
Bearish
SHROOM is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.002551
Bearish
SHROOM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
48.28
Neutral
RSI (14) is at 48.28, which keeps momentum in a balanced range.
Stoch RSI (14)
4.09
Oversold
Stoch RSI (14) is low at 4.09, which shows momentum is pressing near its recent lower extreme.
MACD
0.00002159
Bearish
MACD is below its signal line.
ATR
18.14%
Volatile
Volatility is above its 180-day median.
VWMA
$0.002679
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-72.10
Neutral
CCI (20) is at -72.10, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.00008213
Bearish
Awesome Oscillator is below zero at $-0.00008213, which supports bearish momentum.
Williams Percent Range (14)
-94.11
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -94.11.
Bull Bear Power (13)
$-0.0001572
Bearish
Bull Bear Power (13) is negative at $-0.0001572, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
53.01
Neutral
Ultimate Oscillator is at 53.01, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.002345
Bullish
SHROOM is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.003370
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 Polygon Ecosystem Token (POL), Binance Coin (BNB), Monero (XMR), Kaspa (KAS) and Bitget Token (BGB) and most negatively correlated with the price of Beldex (BDX), JUST (JST), LayerZero (ZRO), Bitcoin Cash (BCH) and Bitcoin SV (BSV).

Positively Correlated Currencies
NameCorrelation
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.665
Image of Binance CoinBinance Coin0.652
Image of MoneroMonero0.630
Image of KaspaKaspa0.618
Image of Bitget TokenBitget Token0.593
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.347
Image of JUSTJUST-0.126
Image of LayerZeroLayerZero-0.098
Image of Bitcoin CashBitcoin Cash-0.060
Image of Bitcoin SVBitcoin SV-0.019

Niftyx Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.354, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.334. 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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