Based on today's classical pivot point (P1) with the value of $0.06891, MonaCoin has support levels of $0.06658, $0.06383, and the strongest at $0.06150. Similarly, MonaCoin resistance levels are at $0.07165, $0.07398, and $0.07672.
| # | Price | Strength |
|---|---|---|
| S1 | $0.06658 | |
| S2 | $0.06383 | |
| S3 | $0.06150 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.07165 | |
| R2 | $0.07398 | |
| R3 | $0.07672 |
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) | 32.41 | NEUTRAL |
| Stoch RSI (14) | 35.97 | NEUTRAL |
| Stochastic Fast (14) | 18.30 | BUY |
| Commodity Channel Index (20) | -114.47 | BUY |
| Average Directional Index (14) | 20.80 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -81.70 | BUY |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.57 | NEUTRAL |
| VWMA (10) | 0.07 | SELL |
| Hull Moving Average (9) | 0.07 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.08 | NEUTRAL |
Over the past 7 days, MonaCoin price was most positively correlated with the price of GateToken (GT), Ethereum (ETH), Immutable X (IMX), Official Trump (TRUMP) and Solana (SOL) and most negatively correlated with the price of Monad (MON), Canton (CC), DeXe (DEXE), Kaspa (KAS) and Beldex (BDX).
| Name | Correlation |
|---|---|
| GateToken | 0.917 |
| Ethereum | 0.905 |
| Immutable X | 0.891 |
| Official Trump | 0.891 |
| Solana | 0.887 |
| Name | Correlation |
|---|---|
| Monad | -0.487 |
| Canton | -0.335 |
| DeXe | -0.268 |
| Kaspa | -0.178 |
| Beldex | -0.177 |
MonaCoin price is positively correlated with the top 10 coins by market cap with a price of 0.834, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.716.
Currencies that are positively correlated with MonaCoin 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 MonaCoin, a move in one direction for MonaCoin would translate into a move in the opposite direction for the negatively correlated coin.
