Based on today's classical pivot point (P1) with the value of $0.0₅3832, Official Elon Meme has support levels of $0.0₅3690, $0.0₅3407, and the strongest at $0.0₅3265. Similarly, Official Elon Meme resistance levels are at $0.0₅4115, $0.0₅4256, and $0.0₅4540.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3690 | |
| S2 | $0.0₅3407 | |
| S3 | $0.0₅3265 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅4115 | |
| R2 | $0.0₅4256 | |
| R3 | $0.0₅4540 |
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) | 84.78 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 100.00 | SELL |
| Commodity Channel Index (20) | 196.81 | SELL |
| Average Directional Index (14) | 49.54 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | 0.00 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 88.28 | 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, Official Elon Meme price was most positively correlated with the price of Terra Classic (LUNC), Jupiter (JUP), Arbitrum (ARB), Ethena (ENA) and Celestia (TIA) and most negatively correlated with the price of Zcash (ZEC), Decred (DCR), Dash (DASH), Render Token (RENDER) and Bitget Token (BGB).
| Name | Correlation |
|---|---|
| Terra Classic | 0.819 |
| Jupiter | 0.759 |
| Arbitrum | 0.732 |
| Ethena | 0.732 |
| Celestia | 0.721 |
| Name | Correlation |
|---|---|
| Zcash | -0.641 |
| Decred | -0.561 |
| Dash | -0.547 |
| Render Token | -0.400 |
| Bitget Token | -0.394 |
Official Elon Meme price is positively correlated with the top 10 coins by market cap with a price of 0.506, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.383.
Currencies that are positively correlated with Official Elon Meme 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 Official Elon Meme, a move in one direction for Official Elon Meme would translate into a move in the opposite direction for the negatively correlated coin.
