Based on today's classical pivot point (P1) with the value of $0.0₅5497, Meme Economic Forum has support levels of $0.0₅5394, $0.0₅5244, and the strongest at $0.0₅5141. Similarly, Meme Economic Forum resistance levels are at $0.0₅5647, $0.0₅5750, and $0.0₅5900.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5394 | |
| S2 | $0.0₅5244 | |
| S3 | $0.0₅5141 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5647 | |
| R2 | $0.0₅5750 | |
| R3 | $0.0₅5900 |
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) | 61.37 | NEUTRAL |
| Stoch RSI (14) | 69.06 | NEUTRAL |
| Stochastic Fast (14) | 82.28 | SELL |
| Commodity Channel Index (20) | 63.62 | NEUTRAL |
| Average Directional Index (14) | 41.61 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -17.72 | SELL |
| Bull Bear Power (13) | 0.00 | BUY |
| Ultimate Oscillator (7, 14, 28) | 53.70 | 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, Meme Economic Forum price was most positively correlated with the price of Pudgy Penguins (PENGU), Morpho (MORPHO), Hyperliquid (HYPE), Worldcoin (WLD) and TRON (TRX) and most negatively correlated with the price of Chiliz (CHZ), Arbitrum (ARB), Midnight (NIGHT), XRP (XRP) and Flare (FLR).
| Name | Correlation |
|---|---|
| Pudgy Penguins | 0.893 |
| Morpho | 0.874 |
| Hyperliquid | 0.871 |
| Worldcoin | 0.870 |
| TRON | 0.870 |
| Name | Correlation |
|---|---|
| Chiliz | -0.640 |
| Arbitrum | -0.601 |
| Midnight | -0.526 |
| XRP | -0.508 |
| Flare | -0.463 |
Meme Economic Forum price is positively correlated with the top 10 coins by market cap with a price of 0.175, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.217.
Currencies that are positively correlated with Meme Economic Forum 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 Meme Economic Forum, a move in one direction for Meme Economic Forum would translate into a move in the opposite direction for the negatively correlated coin.
