Based on today's classical pivot point (P1) with the value of $0.0₅1227, MAGA Hat has support levels of $0.0₅1181, $0.0₅1131, and the strongest at $0.0₅1084. Similarly, MAGA Hat resistance levels are at $0.0₅1277, $0.0₅1323, and $0.0₅1373.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1181 | |
| S2 | $0.0₅1131 | |
| S3 | $0.0₅1084 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1277 | |
| R2 | $0.0₅1323 | |
| R3 | $0.0₅1373 |
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) | 47.68 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 55.43 | NEUTRAL |
| Commodity Channel Index (20) | -25.69 | NEUTRAL |
| Average Directional Index (14) | 18.51 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -44.57 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 46.51 | 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, MAGA Hat price was most positively correlated with the price of Ethereum (ETH), Pyth Network (PYTH), Optimism (OP), Jupiter (JUP) and Gnosis (GNO) and most negatively correlated with the price of Hyperliquid (HYPE), Kaspa (KAS), Bitcoin Cash (BCH), Immutable X (IMX) and Beldex (BDX).
| Name | Correlation |
|---|---|
| Ethereum | 0.808 |
| Pyth Network | 0.784 |
| Optimism | 0.782 |
| Jupiter | 0.775 |
| Gnosis | 0.768 |
| Name | Correlation |
|---|---|
| Hyperliquid | -0.630 |
| Kaspa | -0.500 |
| Bitcoin Cash | -0.480 |
| Immutable X | -0.451 |
| Beldex | -0.407 |
MAGA Hat price is positively correlated with the top 10 coins by market cap with a price of 0.262, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.282.
Currencies that are positively correlated with MAGA Hat 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 MAGA Hat, a move in one direction for MAGA Hat would translate into a move in the opposite direction for the negatively correlated coin.
