Based on today's classical pivot point (P1) with the value of $0.0₅9619, MecoFun has support levels of $0.0₅9501, $0.0₅9426, and the strongest at $0.0₅9308. Similarly, MecoFun resistance levels are at $0.0₅9694, $0.0₅9812, and $0.0₅9886.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅9501 | |
| S2 | $0.0₅9426 | |
| S3 | $0.0₅9308 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅9694 | |
| R2 | $0.0₅9812 | |
| R3 | $0.0₅9886 |
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) | 41.69 | NEUTRAL |
| Stoch RSI (14) | 57.18 | NEUTRAL |
| Stochastic Fast (14) | 11.72 | BUY |
| Commodity Channel Index (20) | -63.02 | NEUTRAL |
| Average Directional Index (14) | 16.31 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.28 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 25.15 | BUY |
| 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, MecoFun price was most positively correlated with the price of Pi Network (PI), Dash (DASH), Decred (DCR), Bitcoin Cash (BCH) and Monero (XMR) and most negatively correlated with the price of Quant (QNT), TRON (TRX), Celestia (TIA), Ondo Finance (ONDO) and Pendle (PENDLE).
| Name | Correlation |
|---|---|
| Pi Network | 0.687 |
| Dash | 0.471 |
| Decred | 0.454 |
| Bitcoin Cash | 0.385 |
| Monero | 0.305 |
| Name | Correlation |
|---|---|
| Quant | -0.587 |
| TRON | -0.576 |
| Celestia | -0.519 |
| Ondo Finance | -0.497 |
| Pendle | -0.488 |
MecoFun price is negatively correlated with the top 10 coins by market cap with a price of -0.219, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.174.
Currencies that are positively correlated with MecoFun 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 MecoFun, a move in one direction for MecoFun would translate into a move in the opposite direction for the negatively correlated coin.
