Based on today's classical pivot point (P1) with the value of $0.00006133, Merlin Starter has support levels of $0.00006129, $0.00006124, and the strongest at $0.00006120. Similarly, Merlin Starter resistance levels are at $0.00006138, $0.00006142, and $0.00006147.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00006129 | |
| S2 | $0.00006124 | |
| S3 | $0.00006120 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00006138 | |
| R2 | $0.00006142 | |
| R3 | $0.00006147 |
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) | 28.83 | BUY |
| Stoch RSI (14) | 1.33 | BUY |
| Stochastic Fast (14) | 4.29 | BUY |
| Commodity Channel Index (20) | -172.44 | BUY |
| Average Directional Index (14) | 18.52 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -95.71 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 30.88 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Merlin Starter price was most positively correlated with the price of Ethena (ENA), Immutable X (IMX), Aptos (APT), Dash (DASH) and Canton (CC) and most negatively correlated with the price of Algorand (ALGO), IOTA (IOTA), Render Token (RENDER), Quant (QNT) and Monad (MON).
| Name | Correlation |
|---|---|
| Ethena | 0.874 |
| Immutable X | 0.859 |
| Aptos | 0.844 |
| Dash | 0.823 |
| Canton | 0.807 |
| Name | Correlation |
|---|---|
| Algorand | -0.920 |
| IOTA | -0.894 |
| Render Token | -0.892 |
| Quant | -0.889 |
| Monad | -0.861 |
Merlin Starter price is positively correlated with the top 10 coins by market cap with a price of 0.140, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.153.
Currencies that are positively correlated with Merlin Starter 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 Merlin Starter, a move in one direction for Merlin Starter would translate into a move in the opposite direction for the negatively correlated coin.
