Image of 42
4242-coin
$31,775
-2.50%
1D

42-coin Analysis

Investment Score
A quick view into 42-coin's investment prospects.
6.4

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 75%
Why this state?
  • 42 is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
42 is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 89.74, which points to stretched upside momentum.
Volatility
Quiet
42 ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$35,429 - $41,970
Active zone
$22,267 - $34,899
Support zone
$20,221 - $22,085
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

42-coin support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$20,221 - $22,085
Resistance zone
$35,429 - $41,970
Active zone
$22,267 - $34,899
Levels Table
LevelZoneStrength
Support 1$20,221 - $22,085
Support 2$13,015 - $18,263
Resistance 1$35,429 - $41,970
Resistance 2$42,261 - $51,951
Resistance 3$56,879 - $59,302
Active 1$22,267 - $34,899
Scenario Analysis
Bullish scenario

42 clears the resistance zone at $35,429 - $41,970 and holds above it. That would strengthen the breakout case and shift attention to $42,261 - $51,951.

Bearish scenario

42 loses the support zone at $20,221 - $22,085. That would weaken the setup and open the way toward $13,015 - $18,263.

Neutral scenario

42 continues trading between $22,085 and $35,429. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$19,191
Bullish
42 is trading above the 50-day average.
SMA200
$21,554
Bullish
42 remains above the long-term trend line.
EMA50
$20,179
Bullish
42 is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$23,824
Bullish
42 is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
89.74
Overbought
RSI (14) is elevated at 89.74, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
2,890.95
Bullish
MACD is above its signal line.
ATR
5.70%
Quiet
Volatility is below its 180-day median.
VWMA
$22,472
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
212.33
Bullish
CCI (20) is strong at 212.33, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$7,808.40
Bullish
Awesome Oscillator is above zero at $7,808.40, which supports bullish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$7,025.44
Bullish
Bull Bear Power (13) is positive at $7,025.44, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
70.62
Overbought
Ultimate Oscillator is elevated at 70.62, which suggests multi-timeframe momentum may be overheated.
Hull Moving Average (9)
$32,647
Bullish
42 is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$24,691
Bullish
42 is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to 42-coin

Over the past 7 days, 42-coin price was most positively correlated with the price of Midnight (NIGHT), Aave (AAVE), LayerZero (ZRO), Monad (MON) and Stacks (STX) and most negatively correlated with the price of Beldex (BDX), Zcash (ZEC), Polygon Ecosystem Token (POL), The Graph (GRT) and Dash (DASH).

Positively Correlated Currencies
NameCorrelation
Image of MidnightMidnight0.918
Image of AaveAave0.873
Image of LayerZeroLayerZero0.865
Image of MonadMonad0.844
Image of StacksStacks0.777
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.868
Image of ZcashZcash-0.864
Image of Polygon Ecosystem TokenPolygon Ecosystem Token-0.835
Image of The GraphThe Graph-0.814
Image of DashDash-0.785

42-coin price is negatively correlated with the top 10 coins by market cap with a price of -0.000, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.035. Currencies that are positively correlated with 42-coin 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 42-coin, a move in one direction for 42-coin would translate into a move in the opposite direction for the negatively correlated coin.

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