Based on today's classical pivot point (P1) with the value of $0.0₆1265, BitMeme has support levels of $0.0₆1198, $0.0₆1150, and the strongest at $0.0₆1083. Similarly, BitMeme resistance levels are at $0.0₆1313, $0.0₆1381, and $0.0₆1429.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆1198 | |
| S2 | $0.0₆1150 | |
| S3 | $0.0₆1083 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1313 | |
| R2 | $0.0₆1381 | |
| R3 | $0.0₆1429 |
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) | 39.15 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 4.76 | BUY |
| Commodity Channel Index (20) | -130.72 | BUY |
| Average Directional Index (14) | 10.25 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -95.24 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.31 | NEUTRAL |
| 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, BitMeme price was most positively correlated with the price of Polkadot (DOT), Decred (DCR), Optimism (OP), Immutable X (IMX) and Aster (ASTER) and most negatively correlated with the price of LayerZero (ZRO), Aptos (APT), Toncoin (TON), Bittensor (TAO) and Artificial Superintelligence Alliance (FET).
| Name | Correlation |
|---|---|
| Polkadot | 0.710 |
| Decred | 0.690 |
| Optimism | 0.669 |
| Immutable X | 0.660 |
| Aster | 0.567 |
| Name | Correlation |
|---|---|
| LayerZero | -0.841 |
| Aptos | -0.831 |
| Toncoin | -0.824 |
| Bittensor | -0.817 |
| Artificial Superintelligence Alliance | -0.756 |
BitMeme price is negatively correlated with the top 10 coins by market cap with a price of -0.161, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.128.
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.
