Based on today's classical pivot point (P1) with the value of $0.0₁₀₉0, AVAX Meme Index has support levels of $-3.810e-110, $-8.123e-110, and the strongest at $-1.674e-109. Similarly, AVAX Meme Index resistance levels are at $0.0₁₀₉0, $0.0₁₀₈0, and $0.0₁₀₈0.
| # | Price | Strength |
|---|---|---|
| S1 | $-3.810e-110 | |
| S2 | $-8.123e-110 | |
| S3 | $-1.674e-109 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₁₀₉0 | |
| R2 | $0.0₁₀₈0 | |
| R3 | $0.0₁₀₈0 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 35.63 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.00 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 90.75 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.03 | NEUTRAL |
| Williams Percent Range (14) | -100.00 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 0.01 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | -0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, AVAX Meme Index price was most positively correlated with the price of Polkadot (DOT), Monero (XMR), Immutable X (IMX), Decred (DCR) and Optimism (OP) and most negatively correlated with the price of Beldex (BDX), Bittensor (TAO), Artificial Superintelligence Alliance (FET), Stellar (XLM) and Monad (MON).
| Name | Correlation |
|---|---|
| Polkadot | 0.801 |
| Monero | 0.776 |
| Immutable X | 0.772 |
| Decred | 0.712 |
| Optimism | 0.677 |
| Name | Correlation |
|---|---|
| Beldex | -0.929 |
| Bittensor | -0.901 |
| Artificial Superintelligence Alliance | -0.796 |
| Stellar | -0.778 |
| Monad | -0.708 |
AVAX Meme Index price is positively correlated with the top 10 coins by market cap with a price of 0.054, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.065.
Currencies that are positively correlated with AVAX Meme Index 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 AVAX Meme Index, a move in one direction for AVAX Meme Index would translate into a move in the opposite direction for the negatively correlated coin.
