Based on today's classical pivot point (P1) with the value of $0.0₇8920, BitMeme has support levels of $0.0₇8337, $0.0₇8002, and the strongest at $0.0₇7419. Similarly, BitMeme resistance levels are at $0.0₇9254, $0.0₇9837, and $0.0₆1017.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇8337 | |
| S2 | $0.0₇8002 | |
| S3 | $0.0₇7419 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇9254 | |
| R2 | $0.0₇9837 | |
| R3 | $0.0₆1017 |
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) | 45.05 | NEUTRAL |
| Stoch RSI (14) | 76.92 | NEUTRAL |
| Stochastic Fast (14) | 66.26 | NEUTRAL |
| Commodity Channel Index (20) | 35.00 | NEUTRAL |
| Average Directional Index (14) | 27.71 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -33.74 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.57 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitMeme price was most positively correlated with the price of Solana (SOL), PancakeSwap (CAKE), Bitcoin SV (BSV), Litecoin (LTC) and NEAR Protocol (NEAR) and most negatively correlated with the price of Chiliz (CHZ), Canton (CC), DeXe (DEXE), Monero (XMR) and Midnight (NIGHT).
| Name | Correlation |
|---|---|
| Solana | 0.961 |
| PancakeSwap | 0.948 |
| Bitcoin SV | 0.944 |
| Litecoin | 0.943 |
| NEAR Protocol | 0.939 |
| Name | Correlation |
|---|---|
| Chiliz | -0.703 |
| Canton | -0.467 |
| DeXe | -0.396 |
| Monero | -0.388 |
| Midnight | -0.170 |
BitMeme price is positively correlated with the top 10 coins by market cap with a price of 0.681, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.642.
Currencies that are positively correlated with BitMeme 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 BitMeme, a move in one direction for BitMeme would translate into a move in the opposite direction for the negatively correlated coin.
