Based on today's classical pivot point (P1) with the value of $0.0₈7616, Bonfire has support levels of $0.0₈7041, $0.0₈6567, and the strongest at $0.0₈5992. Similarly, Bonfire resistance levels are at $0.0₈8090, $0.0₈8665, and $0.0₈9139.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₈7041 | |
| S2 | $0.0₈6567 | |
| S3 | $0.0₈5992 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₈8090 | |
| R2 | $0.0₈8665 | |
| R3 | $0.0₈9139 |
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) | 37.70 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 18.93 | BUY |
| Commodity Channel Index (20) | -146.51 | BUY |
| Average Directional Index (14) | 21.35 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -81.07 | BUY |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 39.17 | 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, Bonfire price was most positively correlated with the price of Pump.fun (PUMP), Monero (XMR), Aptos (APT), Sun Token (SUN) and KuCoin Token (KCS) and most negatively correlated with the price of Beldex (BDX), Aave (AAVE), DeXe (DEXE), Sei (SEI) and Optimism (OP).
| Name | Correlation |
|---|---|
| Pump.fun | 0.686 |
| Monero | 0.672 |
| Aptos | 0.668 |
| Sun Token | 0.655 |
| KuCoin Token | 0.614 |
| Name | Correlation |
|---|---|
| Beldex | -0.561 |
| Aave | -0.492 |
| DeXe | -0.336 |
| Sei | -0.283 |
| Optimism | -0.247 |
Bonfire price is positively correlated with the top 10 coins by market cap with a price of 0.345, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.407.
Currencies that are positively correlated with Bonfire 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 Bonfire, a move in one direction for Bonfire would translate into a move in the opposite direction for the negatively correlated coin.
