Based on today's classical pivot point (P1) with the value of $0.0₆1232, BitCone has support levels of $0.0₆1061, $0.0₇9534, and the strongest at $0.0₇7833. Similarly, BitCone resistance levels are at $0.0₆1340, $0.0₆1510, and $0.0₆1618.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆1061 | |
| S2 | $0.0₇9534 | |
| S3 | $0.0₇7833 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1340 | |
| R2 | $0.0₆1510 | |
| R3 | $0.0₆1618 |
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) | 36.72 | NEUTRAL |
| Stoch RSI (14) | 20.15 | NEUTRAL |
| Stochastic Fast (14) | 10.59 | BUY |
| Commodity Channel Index (20) | -96.05 | NEUTRAL |
| Average Directional Index (14) | 25.58 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -89.41 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 42.36 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| 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 Official Trump (TRUMP), XDC Network (XDC), Kaia (KAIA), Quant (QNT) and Algorand (ALGO) and most negatively correlated with the price of Pyth Network (PYTH), DeXe (DEXE), Monad (MON), Jito (JTO) and Aave (AAVE).
| Name | Correlation |
|---|---|
| Official Trump | 0.616 |
| XDC Network | 0.528 |
| Kaia | 0.503 |
| Quant | 0.482 |
| Algorand | 0.468 |
| Name | Correlation |
|---|---|
| Pyth Network | -0.513 |
| DeXe | -0.422 |
| Monad | -0.300 |
| Jito | -0.259 |
| Aave | -0.242 |
BitCone price is positively correlated with the top 10 coins by market cap with a price of 0.209, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.183.
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.
