Based on today's classical pivot point (P1) with the value of $4.35, MemeCore has support levels of $4.07, $3.76, and the strongest at $3.48. Similarly, MemeCore resistance levels are at $4.66, $4.94, and $5.26.
| # | Price | Strength |
|---|---|---|
| S1 | $4.07 | |
| S2 | $3.76 | |
| S3 | $3.48 |
| # | Price | Strength |
|---|---|---|
| R1 | $4.66 | |
| R2 | $4.94 | |
| R3 | $5.26 |
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) | 74.37 | SELL |
| Stoch RSI (14) | 54.85 | NEUTRAL |
| Stochastic Fast (14) | 78.82 | NEUTRAL |
| Commodity Channel Index (20) | 109.97 | SELL |
| Average Directional Index (14) | 61.34 | BUY |
| Awesome Oscillator (5, 34) | 1.38 | NEUTRAL |
| Momentum (10) | 1.56 | NEUTRAL |
| MACD (12, 26) | 0.09 | NEUTRAL |
| Williams Percent Range (14) | -21.18 | NEUTRAL |
| Bull Bear Power (13) | 1.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 61.21 | NEUTRAL |
| VWMA (10) | 3.99 | BUY |
| Hull Moving Average (9) | 4.68 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.54 | NEUTRAL |
Over the past 7 days, MemeCore price was most positively correlated with the price of JUST (JST), Sun Token (SUN), SPX6900 (SPX), Sei (SEI) and Immutable X (IMX) and most negatively correlated with the price of Ethena (ENA), DeXe (DEXE), BitTorrent (BTT), Celestia (TIA) and APENFT (NFT).
| Name | Correlation |
|---|---|
| JUST | 0.902 |
| Sun Token | 0.855 |
| SPX6900 | 0.854 |
| Sei | 0.836 |
| Immutable X | 0.814 |
| Name | Correlation |
|---|---|
| Ethena | -0.745 |
| DeXe | -0.732 |
| BitTorrent | -0.689 |
| Celestia | -0.622 |
| APENFT | -0.570 |
MemeCore price is positively correlated with the top 10 coins by market cap with a price of 0.431, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.267.
Currencies that are positively correlated with MemeCore 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 MemeCore, a move in one direction for MemeCore would translate into a move in the opposite direction for the negatively correlated coin.
