Based on today's classical pivot point (P1) with the value of $0.00007720, Morpheus Labs has support levels of $0.00007384, $0.00006724, and the strongest at $0.00006389. Similarly, Morpheus Labs resistance levels are at $0.00008380, $0.00008716, and $0.00009376.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00007384 | |
| S2 | $0.00006724 | |
| S3 | $0.00006389 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00008380 | |
| R2 | $0.00008716 | |
| R3 | $0.00009376 |
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) | 82.55 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 98.89 | SELL |
| Commodity Channel Index (20) | 666.67 | SELL |
| Average Directional Index (14) | 38.98 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | BUY |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -1.11 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 98.89 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Morpheus Labs price was most positively correlated with the price of DeXe (DEXE), GateToken (GT), Immutable X (IMX), TRON (TRX) and Aave (AAVE) and most negatively correlated with the price of Midnight (NIGHT), Artificial Superintelligence Alliance (FET), Quant (QNT), Gnosis (GNO) and Mantle (MNT).
| Name | Correlation |
|---|---|
| DeXe | 0.869 |
| GateToken | 0.827 |
| Immutable X | 0.797 |
| TRON | 0.793 |
| Aave | 0.749 |
| Name | Correlation |
|---|---|
| Midnight | -0.641 |
| Artificial Superintelligence Alliance | -0.552 |
| Quant | -0.504 |
| Gnosis | -0.499 |
| Mantle | -0.454 |
Morpheus Labs price is positively correlated with the top 10 coins by market cap with a price of 0.235, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.213.
Currencies that are positively correlated with Morpheus Labs 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 Morpheus Labs, a move in one direction for Morpheus Labs would translate into a move in the opposite direction for the negatively correlated coin.
