Magic is currently trading at $0.0422. RSI indicator is at 41.50 in the neutral zone. Daily trend is bearish. Key support level: $0.041833, Resistance level: $0.043033.
Comprehensive Technical Analysis
Strong Sell
Price position relative to EMA(20/50) and SMA(20) averages.
Momentum based on RSI, Stochastic and MACD histogram.
Downtrend
Signal based on Pivot, nearby S/R and Bollinger status.
Calculated based on previous 1 day period.
Calculated with last 100 candles (1d) data.Direction: Downtrend (High -> Low)
* Data presented here is generated by COINOTAG AI for reference purposes only. Not investment advice.
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Sign InMagic is currently trading at $0.0422. In the last 24 hours, it has decreased by 0.94%. 24-hour trading volume is $102.13 K.
Technical Outlook: Currently in a downtrend trend. RSI indicator is at 41.5. Key support level at $0.0418. Resistance level at $0.0423.
What is Magic? Read the full definition in our glossary →
Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice.
The current Magic (MAGIC) price is shown live at the top of this page in USD, alongside the 24-hour percentage change and the daily high-low range. The figure updates in real time from Binance and Bybit spot order books, so it reflects the latest market trade rather than a delayed snapshot. For broader context, the page also displays 24h volume, market cap and the dominant exchange below the chart.
Magic (MAGIC) support and resistance levels are listed in the Support/Resistance tab and are derived from a multi-timeframe confluence of pivot points, Fibonacci retracements, moving averages, swing highs/lows and volume profile zones. Each level is scored 0-100 by confidence — higher scores mean more sources agree on that price. Read the levels above the current price as resistance (sell pressure) and the levels below as support (buy pressure).
The current 14-period RSI for Magic (MAGIC) is shown in the Indicators tab and refreshes with every new candle on the selected timeframe. As a rule of thumb, an RSI above 70 flags overbought conditions where a pullback becomes more likely, while a reading below 30 signals oversold conditions and a potential bounce. Pay close attention to bullish or bearish divergence between RSI and price — those frequently precede trend reversals.
The Fibonacci tab plots the 0.382, 0.5 and 0.618 retracement bands for Magic (MAGIC), anchored on the most recent significant swing high and swing low. The 0.618 level is generally the strongest of the three — a clean rejection there usually signals the trend is intact. The same panel also surfaces 1.272 and 1.618 extension targets that traders use as upside or downside projections beyond the prior swing.
Short-term Magic (MAGIC) moves are typically driven by a mix of trading volume, news flow, broader market sentiment and technical breakouts of key levels. The Live News widget on this page surfaces the latest stories tagged MAGIC so you can map price action to fresh catalysts. Look at the Indicators and Advanced tabs to see whether the move is confirmed by momentum, volatility expansion and volume — a price move without those signals is more fragile than one supported by all three.
Magic (MAGIC) is listed on major centralised exchanges such as Binance and Bybit, where you can fund a USDT or fiat account and place a spot order. For self-custody, withdraw the tokens to a hardware wallet (Ledger, Trezor) or a reputable software wallet that supports the asset's native chain. Crypto markets are highly volatile and trades carry the risk of capital loss, so review the analysis pages on Coinotag and size positions accordingly — this content is information, not investment advice.
