Based on today's classical pivot point (P1) with the value of $0.0₆2244, 4MW has support levels of $0.0₆2159, $0.0₆2096, and the strongest at $0.0₆2010. Similarly, 4MW resistance levels are at $0.0₆2307, $0.0₆2393, and $0.0₆2455.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆2159 | |
| S2 | $0.0₆2096 | |
| S3 | $0.0₆2010 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆2307 | |
| R2 | $0.0₆2393 | |
| R3 | $0.0₆2455 |
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) | 50.56 | NEUTRAL |
| Stoch RSI (14) | 43.68 | NEUTRAL |
| Stochastic Fast (14) | 31.38 | NEUTRAL |
| Commodity Channel Index (20) | 134.55 | SELL |
| Average Directional Index (14) | 38.30 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -68.62 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.64 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, 4MW price was most positively correlated with the price of APENFT (NFT), Flare (FLR), Toncoin (TON), Pi Network (PI) and DeXe (DEXE) and most negatively correlated with the price of Bitcoin SV (BSV), Bitcoin Cash (BCH), Morpho (MORPHO), PancakeSwap (CAKE) and Render Token (RENDER).
| Name | Correlation |
|---|---|
| APENFT | 0.387 |
| Flare | 0.359 |
| Toncoin | 0.336 |
| Pi Network | 0.322 |
| DeXe | 0.321 |
| Name | Correlation |
|---|---|
| Bitcoin SV | -0.479 |
| Bitcoin Cash | -0.444 |
| Morpho | -0.417 |
| PancakeSwap | -0.407 |
| Render Token | -0.388 |
4MW price is negatively correlated with the top 10 coins by market cap with a price of -0.082, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.091.
Currencies that are positively correlated with 4MW 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 4MW, a move in one direction for 4MW would translate into a move in the opposite direction for the negatively correlated coin.
