Based on today's classical pivot point (P1) with the value of $0.006138, Mintlayer has support levels of $0.006091, $0.006014, and the strongest at $0.005967. Similarly, Mintlayer resistance levels are at $0.006214, $0.006261, and $0.006338.
| # | Price | Strength |
|---|---|---|
| S1 | $0.006091 | |
| S2 | $0.006014 | |
| S3 | $0.005967 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.006214 | |
| R2 | $0.006261 | |
| R3 | $0.006338 |
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) | 31.13 | NEUTRAL |
| Stoch RSI (14) | 22.81 | NEUTRAL |
| Stochastic Fast (14) | 22.35 | NEUTRAL |
| Commodity Channel Index (20) | -115.91 | BUY |
| Average Directional Index (14) | 26.18 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -77.65 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 42.38 | NEUTRAL |
| VWMA (10) | 0.01 | SELL |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Mintlayer price was most positively correlated with the price of Filecoin (FIL), Polygon Ecosystem Token (POL), Aerodrome Finance (AERO), Kaia (KAIA) and Immutable X (IMX) and most negatively correlated with the price of Litecoin (LTC), Pi Network (PI), Sun Token (SUN), Jasmy (JASMY) and KAITO (KAITO).
| Name | Correlation |
|---|---|
| Filecoin | 0.861 |
| Polygon Ecosystem Token | 0.854 |
| Aerodrome Finance | 0.843 |
| Kaia | 0.790 |
| Immutable X | 0.783 |
| Name | Correlation |
|---|---|
| Litecoin | -0.955 |
| Pi Network | -0.891 |
| Sun Token | -0.873 |
| Jasmy | -0.831 |
| KAITO | -0.764 |
Mintlayer price is positively correlated with the top 10 coins by market cap with a price of 0.338, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.104.
Currencies that are positively correlated with Mintlayer 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 Mintlayer, a move in one direction for Mintlayer would translate into a move in the opposite direction for the negatively correlated coin.
