Image of BONFIRE
BONFIREBonfire
$0.0₈9919
-2.73%
1D

Bonfire Analysis

Investment Score
A quick view into Bonfire's investment prospects.
9.0

The setup looks very strong, with broad technical confirmation still supporting the current structure.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • 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: 95%
Why this state?
  • BONFIRE is above SMA50
  • SMA50 is above 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
BONFIRE is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 62.60, which is neither overbought nor oversold.
Volatility
Quiet
BONFIRE ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₇1022 - $0.0₇1217
Active zone
$0.0₈6431 - $0.0₇1021
Support zone
$0.0₈9345 - $0.0₈9991
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

Bonfire 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
$0.0₈9345 - $0.0₈9991
Resistance zone
$0.0₇1022 - $0.0₇1217
Active zone
$0.0₈6431 - $0.0₇1021
Levels Table
LevelZoneStrength
Support 1$0.0₈9345 - $0.0₈9991
Resistance 1$0.0₇1022 - $0.0₇1217
Resistance 2$0.0₇1263 - $0.0₇1420
Active 1$0.0₈6431 - $0.0₇1021
Scenario Analysis
Bullish scenario

BONFIRE clears the resistance zone at $0.0₇1022 - $0.0₇1217 and holds above it. That would strengthen the breakout case and shift attention to $0.0₇1263 - $0.0₇1420.

Bearish scenario

BONFIRE loses the support zone at $0.0₈9345 - $0.0₈9991. That would weaken the setup and open the way toward $0.0₈9345 - $0.0₈9991.

Neutral scenario

BONFIRE continues trading between $0.0₈9991 and $0.0₇1022. 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
$0.0₈8539
Bullish
BONFIRE is trading above the 50-day average.
SMA200
$0.0₈8505
Bullish
BONFIRE remains above the long-term trend line.
EMA50
$0.0₈8831
Bullish
BONFIRE is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₈8928
Bullish
BONFIRE is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
62.60
Neutral
RSI (14) is at 62.60, which keeps momentum in a balanced range.
Stoch RSI (14)
35.90
Neutral
Stoch RSI (14) is at 35.90, which suggests momentum is active but not yet extreme.
MACD
0.0₉4057
Bullish
MACD is above its signal line.
ATR
4.98%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₈9517
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
165.69
Bullish
CCI (20) is strong at 165.69, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.0₉9105
Bullish
Awesome Oscillator is above zero at $0.0₉9105, which supports bullish momentum.
Williams Percent Range (14)
-41.48
Neutral
Williams Percent Range (14) is at -41.48, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₉6487
Bullish
Bull Bear Power (13) is positive at $0.0₉6487, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
54.01
Neutral
Ultimate Oscillator is at 54.01, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0₇1025
Bearish
BONFIRE is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₈9346
Bullish
BONFIRE is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Bonfire

Over the past 7 days, Bonfire price was most positively correlated with the price of Binance Coin (BNB), GateToken (GT), PancakeSwap (CAKE), Floki Inu (FLOKI) and Hedera Hashgraph (HBAR) and most negatively correlated with the price of Pump.fun (PUMP), APENFT (NFT), Canton (CC), LEO Token (LEO) and Bonk (BONK).

Positively Correlated Currencies
NameCorrelation
Image of Binance CoinBinance Coin0.962
Image of GateTokenGateToken0.938
Image of PancakeSwapPancakeSwap0.933
Image of Floki InuFloki Inu0.911
Image of Hedera HashgraphHedera Hashgraph0.899
Negatively Correlated Currencies
NameCorrelation
Image of Pump.funPump.fun-0.664
Image of APENFTAPENFT-0.510
Image of CantonCanton-0.493
Image of LEO TokenLEO Token-0.369
Image of BonkBonk-0.348

Bonfire price is positively correlated with the top 10 coins by market cap with a price of 0.798, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.576. 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.

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