Based on today's classical pivot point (P1) with the value of $180.74, Biochar has support levels of $174.85, $171.36, and the strongest at $165.47. Similarly, Biochar resistance levels are at $184.22, $190.11, and $193.60.
| # | Price | Strength |
|---|---|---|
| S1 | $174.85 | |
| S2 | $171.36 | |
| S3 | $165.47 |
| # | Price | Strength |
|---|---|---|
| R1 | $184.22 | |
| R2 | $190.11 | |
| R3 | $193.60 |
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) | 33.15 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 6.44 | BUY |
| Commodity Channel Index (20) | -341.28 | BUY |
| Average Directional Index (14) | 14.84 | NEUTRAL |
| Awesome Oscillator (5, 34) | -3.63 | NEUTRAL |
| Momentum (10) | -8.80 | NEUTRAL |
| MACD (12, 26) | -0.80 | NEUTRAL |
| Williams Percent Range (14) | -93.56 | BUY |
| Bull Bear Power (13) | -10.59 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 48.67 | NEUTRAL |
| VWMA (10) | 188.21 | SELL |
| Hull Moving Average (9) | 186.97 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 186.35 | NEUTRAL |
Over the past 7 days, Biochar price was most positively correlated with the price of Shiba Inu (SHIB), Immutable X (IMX), Curve DAO Token (CRV), Pyth Network (PYTH) and Ethereum Classic (ETC) and most negatively correlated with the price of Worldcoin (WLD), DeXe (DEXE), Ethena (ENA), Beldex (BDX) and Telcoin (TEL).
| Name | Correlation |
|---|---|
| Shiba Inu | 0.933 |
| Immutable X | 0.932 |
| Curve DAO Token | 0.932 |
| Pyth Network | 0.931 |
| Ethereum Classic | 0.930 |
| Name | Correlation |
|---|---|
| Worldcoin | -0.607 |
| DeXe | -0.306 |
| Ethena | -0.067 |
| Beldex | -0.049 |
| Telcoin | 0.033 |
Biochar price is positively correlated with the top 10 coins by market cap with a price of 0.889, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.784.
Currencies that are positively correlated with Biochar 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 Biochar, a move in one direction for Biochar would translate into a move in the opposite direction for the negatively correlated coin.
