Based on today's classical pivot point (P1) with the value of $0.0₅1199, MAGA Hat has support levels of $0.0₅1156, $0.0₅1122, and the strongest at $0.0₅1080. Similarly, MAGA Hat resistance levels are at $0.0₅1233, $0.0₅1275, and $0.0₅1309.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅1156 | |
| S2 | $0.0₅1122 | |
| S3 | $0.0₅1080 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅1233 | |
| R2 | $0.0₅1275 | |
| R3 | $0.0₅1309 |
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) | 44.27 | NEUTRAL |
| Stoch RSI (14) | 71.84 | NEUTRAL |
| Stochastic Fast (14) | 51.94 | NEUTRAL |
| Commodity Channel Index (20) | -50.59 | NEUTRAL |
| Average Directional Index (14) | 17.75 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -48.06 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 48.00 | 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, MAGA Hat price was most positively correlated with the price of Ethereum (ETH), Jupiter (JUP), Zcash (ZEC), Sky (SKY) and Optimism (OP) and most negatively correlated with the price of Hyperliquid (HYPE), Kaspa (KAS), Beldex (BDX), Aptos (APT) and LayerZero (ZRO).
| Name | Correlation |
|---|---|
| Ethereum | 0.810 |
| Jupiter | 0.810 |
| Zcash | 0.798 |
| Sky | 0.783 |
| Optimism | 0.771 |
| Name | Correlation |
|---|---|
| Hyperliquid | -0.706 |
| Kaspa | -0.663 |
| Beldex | -0.635 |
| Aptos | -0.611 |
| LayerZero | -0.607 |
MAGA Hat price is positively correlated with the top 10 coins by market cap with a price of 0.155, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.171.
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.
