Based on today's classical pivot point (P1) with the value of $0.0₇1381, Melancholy Jimmy has support levels of $0.0₇1356, $0.0₇1340, and the strongest at $0.0₇1315. Similarly, Melancholy Jimmy resistance levels are at $0.0₇1397, $0.0₇1421, and $0.0₇1438.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₇1356 | |
| S2 | $0.0₇1340 | |
| S3 | $0.0₇1315 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₇1397 | |
| R2 | $0.0₇1421 | |
| R3 | $0.0₇1438 |
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) | 47.16 | NEUTRAL |
| Stoch RSI (14) | 95.47 | SELL |
| Stochastic Fast (14) | 56.30 | NEUTRAL |
| Commodity Channel Index (20) | 6.53 | NEUTRAL |
| Average Directional Index (14) | 33.97 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -43.70 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.81 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Melancholy Jimmy price was most positively correlated with the price of Dash (DASH), Venice Token (VVV), Decred (DCR), Aerodrome Finance (AERO) and Sun Token (SUN) and most negatively correlated with the price of World Liberty Financial (WLFI), Bittensor (TAO), Polygon Ecosystem Token (POL), Algorand (ALGO) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Dash | 0.793 |
| Venice Token | 0.730 |
| Decred | 0.730 |
| Aerodrome Finance | 0.711 |
| Sun Token | 0.706 |
| Name | Correlation |
|---|---|
| World Liberty Financial | -0.782 |
| Bittensor | -0.730 |
| Polygon Ecosystem Token | -0.602 |
| Algorand | -0.510 |
| Pi Network | -0.424 |
Melancholy Jimmy price is positively correlated with the top 10 coins by market cap with a price of 0.204, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.279.
Currencies that are positively correlated with Melancholy Jimmy 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 Melancholy Jimmy, a move in one direction for Melancholy Jimmy would translate into a move in the opposite direction for the negatively correlated coin.
