Based on today's classical pivot point (P1) with the value of $1.75, MX Token has support levels of $1.74, $1.73, and the strongest at $1.73. Similarly, MX Token resistance levels are at $1.75, $1.76, and $1.76.
| # | Price | Strength |
|---|---|---|
| S1 | $1.74 | |
| S2 | $1.73 | |
| S3 | $1.73 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.75 | |
| R2 | $1.76 | |
| R3 | $1.76 |
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) | 33.73 | NEUTRAL |
| Stoch RSI (14) | 54.11 | NEUTRAL |
| Stochastic Fast (14) | 17.77 | BUY |
| Commodity Channel Index (20) | -135.83 | BUY |
| Average Directional Index (14) | 26.48 | SELL |
| Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
| Momentum (10) | -0.02 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -82.23 | BUY |
| Bull Bear Power (13) | -0.02 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.16 | NEUTRAL |
| VWMA (10) | 1.75 | SELL |
| Hull Moving Average (9) | 1.75 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.76 | NEUTRAL |
Over the past 7 days, MX Token price was most positively correlated with the price of Quant (QNT), TRON (TRX), Canton (CC), Immutable X (IMX) and Mantle (MNT) and most negatively correlated with the price of Beldex (BDX), LayerZero (ZRO), Terra Classic (LUNC), Cronos (CRO) and Toncoin (TON).
| Name | Correlation |
|---|---|
| Quant | 0.549 |
| TRON | 0.515 |
| Canton | 0.367 |
| Immutable X | 0.347 |
| Mantle | 0.308 |
| Name | Correlation |
|---|---|
| Beldex | -0.468 |
| LayerZero | -0.221 |
| Terra Classic | -0.190 |
| Cronos | -0.157 |
| Toncoin | -0.134 |
MX Token price is positively correlated with the top 10 coins by market cap with a price of 0.079, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.051.
Currencies that are positively correlated with MX Token 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 MX Token, a move in one direction for MX Token would translate into a move in the opposite direction for the negatively correlated coin.
