Based on today's classical pivot point (P1) with the value of $0.0₆1864, BitCone has support levels of $0.0₆1820, $0.0₆1798, and the strongest at $0.0₆1754. Similarly, BitCone resistance levels are at $0.0₆1885, $0.0₆1929, and $0.0₆1951.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆1820 | |
| S2 | $0.0₆1798 | |
| S3 | $0.0₆1754 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1885 | |
| R2 | $0.0₆1929 | |
| R3 | $0.0₆1951 |
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) | 33.62 | NEUTRAL |
| Stoch RSI (14) | 33.28 | NEUTRAL |
| Stochastic Fast (14) | 1.58 | BUY |
| Commodity Channel Index (20) | -119.19 | BUY |
| Average Directional Index (14) | 30.00 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -98.42 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.29 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitCone price was most positively correlated with the price of TRON (TRX), World Liberty Financial (WLFI), Stellar (XLM), Quant (QNT) and Aster (ASTER) and most negatively correlated with the price of Algorand (ALGO), Cosmos (ATOM), Axie Infinity (AXS), Zebec Network (ZBCN) and Injective (INJ).
| Name | Correlation |
|---|---|
| TRON | 0.883 |
| World Liberty Financial | 0.869 |
| Stellar | 0.812 |
| Quant | 0.787 |
| Aster | 0.782 |
| Name | Correlation |
|---|---|
| Algorand | -0.838 |
| Cosmos | -0.826 |
| Axie Infinity | -0.816 |
| Zebec Network | -0.787 |
| Injective | -0.750 |
BitCone price is negatively correlated with the top 10 coins by market cap with a price of -0.291, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.141.
Currencies that are positively correlated with BitCone 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 BitCone, a move in one direction for BitCone would translate into a move in the opposite direction for the negatively correlated coin.
