MEW Daily Analysis

April 2, 2025 MEW Daily Analysis MEW Daily Analysis

April 2, 2025 MEW/USDT MEW Daily Analysis
MEW Daily Analysis

Outlook

MEW current price is 0.002959 USDT and the current market cap is 121.320.242 USDT. This chart period started 210 days ago (05 September 2024) with a total of 95 days closing above the opening price and 114 days closing below the opening price. The lowest price was 0.001612 USDT on 11 March 2025, and the highest price was 0.012967 USDT on 17 November 2024. The current price is 83.56% above the lowest price and 77.18% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 0.002717222-Day Moving Average: 0.002220545550-Day Moving Average: 0.00238936100-Day Moving Average: 0.00380385250-Day Moving Average: 0.005752908

Moving Average Analysis

The current price is %8.90 higher than the 5-Day moving average and has been above it for 2 days.The current price is %33.26 higher than the 22-Day moving average and has been above it for 9 days.The current price is %23.84 higher than the 50-Day moving average and has been above it for 5 days.The current price is %22.21 lower than the 100-Day moving average and has been below it for 60 days.The current price is %48.57 lower than the 250-Day moving average and has been below it for 74 days.

Trends

The longest uptrend in the 210 day period is 5 days. It started at 0.00193 USDT on 21 March 2025 and ended by increasing by 44.09% to 0.002781 USDT on 26 March 2025.The longest downtrend is 8 days. It started at 0.012152 USDT on 17 November 2024 and ended by decreasing -25.29% to 0.009079 USDT on 25 November 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 0.002229 USDT on 28-03-2025 Support: 0.002436 USDT on 31-03-2025Last 7 days resistance levels: Resistance: 0.002701 USDT on 29-03-2025 Resistance: 0.00289 USDT on 30-03-2025 Resistance: 0.002897 USDT on 01-04-2025 Resistance: 0.003085 USDT on 02-04-2025The lowest support level is 0.002229 USDT on 28-03-2025, and the highest resistance level is 0.003085 USDT on 02-04-2025. The percentage difference between these levels is approximately 38.4%.

Volume

Fetched 290 data points, less than 500 days of data. Adjusting limit.The previous trading day’s volume (01-04-2025) 38,196,935,116.00 USDT. Highest volume in the last 210 days is 128,883,805,009.00 USDT on 26-03-2025. Lowest volume in the last 210 days is 1,199,234,642.00 USDT on 12-01-2025. Difference between highest and lowest volume is 10647.17%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 43,423,911,512.40 USDT22-day Moving Average Volume: 21,679,501,894.86 USDT50-day Moving Average Volume: 12,262,473,230.92 USDT100-day Moving Average Volume: 8,308,520,099.98 USDT250-day Moving Average Volume: 17,136,083,038.18 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 38,196,935,116.00 USDT
Previous day’s volume is 12.04% lower than the 5-day moving average.Previous day’s volume is 76.19% higher than the 22-day moving average.Previous day’s volume is 211.49% higher than the 50-day moving average.Previous day’s volume is 359.73% higher than the 100-day moving average.Previous day’s volume is 122.90% higher than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 100.30% higher than the 22-day moving average.22-day moving average is 76.80% higher than the 50-day moving average.50-day moving average is 47.59% higher than the 100-day moving average.100-day moving average is -51.51% lower than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 21-09-2024 with a volume of 9,838,984,735.00 USDT and ended on 25-09-2024 with a volume of 25,666,562,641.00 USDT, lasting for 4 days and representing a 160.87% increase.The longest consecutive volume decrease started on 09-12-2024 with a volume of 16,665,409,165.00 USDT and ended on 15-12-2024 with a volume of 2,974,330,469.00 USDT, lasting for 6 days and representing a 82.15% decrease.

Price Volume Coorelation

During the longest volume increasing period price increase from 0.005065 USDT to 0.006112 USDT, which represents a 20.67% change.During the longest volume decreasing period price decrease from 0.008155 USDT to 0.007958 USDT, which represents a -2.42% change.

Strategy

There is no trend formation at the moment. We should wait until a trend forms.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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