Based on today's classical pivot point (P1) with the value of $0.00002864, Morud has support levels of $0.00002769, $0.00002599, and the strongest at $0.00002504. Similarly, Morud resistance levels are at $0.00003035, $0.00003130, and $0.00003301.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00002769 | |
| S2 | $0.00002599 | |
| S3 | $0.00002504 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00003035 | |
| R2 | $0.00003130 | |
| R3 | $0.00003301 |
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) | 69.04 | NEUTRAL |
| Stoch RSI (14) | 83.54 | SELL |
| Stochastic Fast (14) | 93.76 | SELL |
| Commodity Channel Index (20) | 171.56 | SELL |
| Average Directional Index (14) | 36.35 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -6.24 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 77.48 | 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, Morud price was most positively correlated with the price of TRON (TRX), Immutable X (IMX), Binance Coin (BNB), Sun Token (SUN) and Tezos (XTZ) and most negatively correlated with the price of Venice Token (VVV), Jito (JTO), Gnosis (GNO), Morpho (MORPHO) and Pi Network (PI).
| Name | Correlation |
|---|---|
| TRON | 0.922 |
| Immutable X | 0.891 |
| Binance Coin | 0.885 |
| Sun Token | 0.885 |
| Tezos | 0.878 |
| Name | Correlation |
|---|---|
| Venice Token | -0.683 |
| Jito | -0.556 |
| Gnosis | -0.345 |
| Morpho | -0.329 |
| Pi Network | -0.284 |
Morud price is positively correlated with the top 10 coins by market cap with a price of 0.695, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.563.
Currencies that are positively correlated with Morud 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 Morud, a move in one direction for Morud would translate into a move in the opposite direction for the negatively correlated coin.
