Based on today's classical pivot point (P1) with the value of $4.13, BurnedFi has support levels of $4.06, $3.97, and the strongest at $3.89. Similarly, BurnedFi resistance levels are at $4.23, $4.30, and $4.39.
| # | Price | Strength |
|---|---|---|
| S1 | $4.06 | |
| S2 | $3.97 | |
| S3 | $3.89 |
| # | Price | Strength |
|---|---|---|
| R1 | $4.23 | |
| R2 | $4.30 | |
| R3 | $4.39 |
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) | 64.85 | NEUTRAL |
| Stoch RSI (14) | 97.23 | SELL |
| Stochastic Fast (14) | 81.27 | SELL |
| Commodity Channel Index (20) | 165.41 | SELL |
| Average Directional Index (14) | 27.68 | BUY |
| Awesome Oscillator (5, 34) | 0.36 | NEUTRAL |
| Momentum (10) | 1.14 | NEUTRAL |
| MACD (12, 26) | 0.18 | NEUTRAL |
| Williams Percent Range (14) | -18.73 | SELL |
| Bull Bear Power (13) | 0.94 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 66.73 | NEUTRAL |
| VWMA (10) | 3.60 | BUY |
| Hull Moving Average (9) | 4.35 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.68 | NEUTRAL |
Over the past 7 days, BurnedFi price was most positively correlated with the price of Celestia (TIA), Immutable X (IMX), Venice Token (VVV), Solana (SOL) and Jasmy (JASMY) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Bitcoin Cash (BCH), Toncoin (TON) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Celestia | 0.863 |
| Immutable X | 0.845 |
| Venice Token | 0.844 |
| Solana | 0.831 |
| Jasmy | 0.821 |
| Name | Correlation |
|---|---|
| Dash | -0.798 |
| Pi Network | -0.737 |
| Bitcoin Cash | -0.626 |
| Toncoin | -0.581 |
| Morpho | -0.543 |
BurnedFi price is positively correlated with the top 10 coins by market cap with a price of 0.485, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.391.
Currencies that are positively correlated with BurnedFi 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 BurnedFi, a move in one direction for BurnedFi would translate into a move in the opposite direction for the negatively correlated coin.
