Based on today's classical pivot point (P1) with the value of $0.0006183, MAGA VP has support levels of $0.0006003, $0.0005724, and the strongest at $0.0005544. Similarly, MAGA VP resistance levels are at $0.0006462, $0.0006642, and $0.0006921.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0006003 | |
| S2 | $0.0005724 | |
| S3 | $0.0005544 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0006462 | |
| R2 | $0.0006642 | |
| R3 | $0.0006921 |
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) | 63.90 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 82.19 | SELL |
| Commodity Channel Index (20) | 27.24 | NEUTRAL |
| Average Directional Index (14) | 34.39 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -17.81 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 64.45 | 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 VP price was most positively correlated with the price of Conflux (CFX), Quant (QNT), Immutable X (IMX), Dogecoin (DOGE) and TRON (TRX) and most negatively correlated with the price of APENFT (NFT), Beldex (BDX), Terra Classic (LUNC), Polygon Ecosystem Token (POL) and Internet Computer (ICP).
| Name | Correlation |
|---|---|
| Conflux | 0.849 |
| Quant | 0.819 |
| Immutable X | 0.769 |
| Dogecoin | 0.746 |
| TRON | 0.741 |
| Name | Correlation |
|---|---|
| APENFT | -0.724 |
| Beldex | -0.722 |
| Terra Classic | -0.675 |
| Polygon Ecosystem Token | -0.657 |
| Internet Computer | -0.638 |
MAGA VP price is negatively correlated with the top 10 coins by market cap with a price of -0.325, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.184.
Currencies that are positively correlated with MAGA VP 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 VP, a move in one direction for MAGA VP would translate into a move in the opposite direction for the negatively correlated coin.
