Image of BNX
BNXBinaryX
$0.2735
-5.65%
1D

BinaryX Analysis

Investment Score
A quick view into BinaryX's investment prospects.
8.0

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Stoch RSI is near the upper end of its range, which suggests short-term momentum may be overheated.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 83%
Why this state?
  • BNX 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
BNX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 65.83, which is neither overbought nor oversold.
Volatility
Quiet
BNX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.3062 - $0.4155
Active zone
$0.2212 - $0.2973
Support zone
$0.2532 - $0.2859
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

BinaryX 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
$0.2532 - $0.2859
Resistance zone
$0.3062 - $0.4155
Active zone
$0.2212 - $0.2973
Levels Table
LevelZoneStrength
Support 1$0.2532 - $0.2859
Resistance 1$0.3062 - $0.4155
Resistance 2$0.4436 - $0.5130
Resistance 3$0.5560 - $0.6006
Resistance 4$0.6371 - $0.7225
Active 1$0.2212 - $0.2973
Scenario Analysis
Bullish scenario

BNX clears the resistance zone at $0.3062 - $0.4155 and holds above it. That would strengthen the breakout case and shift attention to $0.4436 - $0.5130.

Bearish scenario

BNX loses the support zone at $0.2532 - $0.2859. That would weaken the setup and open the way toward $0.2532 - $0.2859.

Neutral scenario

BNX continues trading between $0.2859 and $0.3062. 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
$0.2268
Bullish
BNX is trading above the 50-day average.
SMA200
$0.2619
Bullish
BNX remains above the long-term trend line.
EMA50
$0.2414
Bullish
BNX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.3412
Bearish
BNX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
65.83
Neutral
RSI (14) is at 65.83, which keeps momentum in a balanced range.
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
0.01253
Bullish
MACD is above its signal line.
ATR
8.81%
Quiet
Volatility is below its 180-day median.
VWMA
$0.2589
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
165.96
Bullish
CCI (20) is strong at 165.96, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.03111
Bullish
Awesome Oscillator is above zero at $0.03111, which supports bullish momentum.
Williams Percent Range (14)
-31.56
Neutral
Williams Percent Range (14) is at -31.56, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.03446
Bullish
Bull Bear Power (13) is positive at $0.03446, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
47.21
Neutral
Ultimate Oscillator is at 47.21, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.2803
Bullish
BNX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.2515
Bullish
BNX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to BinaryX

Over the past 7 days, BinaryX price was most positively correlated with the price of Trust Wallet Token (TWT), Aster (ASTER), Bitcoin SV (BSV), Binance Coin (BNB) and Dash (DASH) and most negatively correlated with the price of Canton (CC), Monad (MON), LEO Token (LEO), Pump.fun (PUMP) and Jito (JTO).

Positively Correlated Currencies
NameCorrelation
Image of Trust Wallet TokenTrust Wallet Token0.723
Image of AsterAster0.676
Image of Bitcoin SVBitcoin SV0.676
Image of Binance CoinBinance Coin0.676
Image of DashDash0.642
Negatively Correlated Currencies
NameCorrelation
Image of CantonCanton-0.648
Image of MonadMonad-0.551
Image of LEO TokenLEO Token-0.518
Image of Pump.funPump.fun-0.452
Image of JitoJito-0.442

BinaryX price is positively correlated with the top 10 coins by market cap with a price of 0.524, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.335. Currencies that are positively correlated with BinaryX 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 BinaryX, a move in one direction for BinaryX would translate into a move in the opposite direction for the negatively correlated coin.

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