Based on today's classical pivot point (P1) with the value of $0.01322, Mezo has support levels of $0.01298, $0.01284, and the strongest at $0.01259. Similarly, Mezo resistance levels are at $0.01337, $0.01361, and $0.01375.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01298 | |
| S2 | $0.01284 | |
| S3 | $0.01259 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01337 | |
| R2 | $0.01361 | |
| R3 | $0.01375 |
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) | 25.06 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 1.90 | BUY |
| Commodity Channel Index (20) | -205.79 | BUY |
| Average Directional Index (14) | 15.65 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -98.10 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 23.85 | BUY |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Mezo price was most positively correlated with the price of XDC Network (XDC), Immutable X (IMX), Mantle (MNT), LayerZero (ZRO) and Polkadot (DOT) and most negatively correlated with the price of Jito (JTO), Aave (AAVE), JUST (JST), Bitcoin SV (BSV) and Avalanche (AVAX).
| Name | Correlation |
|---|---|
| XDC Network | 0.897 |
| Immutable X | 0.869 |
| Mantle | 0.861 |
| LayerZero | 0.859 |
| Polkadot | 0.831 |
| Name | Correlation |
|---|---|
| Jito | -0.890 |
| Aave | -0.870 |
| JUST | -0.662 |
| Bitcoin SV | -0.611 |
| Avalanche | -0.335 |
Mezo price is positively correlated with the top 10 coins by market cap with a price of 0.295, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.419.
Currencies that are positively correlated with Mezo 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 Mezo, a move in one direction for Mezo would translate into a move in the opposite direction for the negatively correlated coin.
