Based on today's classical pivot point (P1) with the value of $0.04147, MegaETH has support levels of $0.03776, $0.03588, and the strongest at $0.03217. Similarly, MegaETH resistance levels are at $0.04336, $0.04706, and $0.04895.
| # | Price | Strength |
|---|---|---|
| S1 | $0.03776 | |
| S2 | $0.03588 | |
| S3 | $0.03217 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.04336 | |
| R2 | $0.04706 | |
| R3 | $0.04895 |
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) | 31.98 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.54 | BUY |
| Commodity Channel Index (20) | -115.58 | BUY |
| Average Directional Index (14) | 12.27 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -99.46 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.01 | NEUTRAL |
| VWMA (10) | 0.04 | SELL |
| Hull Moving Average (9) | 0.04 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.05 | NEUTRAL |
Over the past 7 days, MegaETH price was most positively correlated with the price of Sun Token (SUN), Tezos (XTZ), Immutable X (IMX), Official Trump (TRUMP) and Quant (QNT) and most negatively correlated with the price of KAITO (KAITO), OKB (OKB), LayerZero (ZRO), Pump.fun (PUMP) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Sun Token | 0.812 |
| Tezos | 0.804 |
| Immutable X | 0.765 |
| Official Trump | 0.740 |
| Quant | 0.713 |
| Name | Correlation |
|---|---|
| KAITO | -0.620 |
| OKB | -0.508 |
| LayerZero | -0.440 |
| Pump.fun | -0.386 |
| LEO Token | -0.325 |
MegaETH price is positively correlated with the top 10 coins by market cap with a price of 0.327, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.378.
Currencies that are positively correlated with MegaETH 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 MegaETH, a move in one direction for MegaETH would translate into a move in the opposite direction for the negatively correlated coin.
