Based on today's classical pivot point (P1) with the value of $0.0₅9722, Ferrum Network has support levels of $0.0₅7856, $0.0₅4179, and the strongest at $0.0₅2313. Similarly, Ferrum Network resistance levels are at $0.00001340, $0.00001527, and $0.00001894.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7856 | |
| S2 | $0.0₅4179 | |
| S3 | $0.0₅2313 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001340 | |
| R2 | $0.00001527 | |
| R3 | $0.00001894 |
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) | 97.62 | SELL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 99.00 | SELL |
| Commodity Channel Index (20) | 666.67 | SELL |
| Average Directional Index (14) | 62.50 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -1.00 | SELL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 98.96 | SELL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Ferrum Network price was most positively correlated with the price of Morpho (MORPHO), Pendle (PENDLE), Aave (AAVE), Pudgy Penguins (PENGU) and Lido DAO Token (LDO) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), APENFT (NFT), Beldex (BDX) and Pi Network (PI).
| Name | Correlation |
|---|---|
| Morpho | 0.807 |
| Pendle | 0.624 |
| Aave | 0.616 |
| Pudgy Penguins | 0.579 |
| Lido DAO Token | 0.578 |
| Name | Correlation |
|---|---|
| JUST | -0.587 |
| World Liberty Financial | -0.353 |
| APENFT | -0.033 |
| Beldex | 0.020 |
| Pi Network | 0.035 |
Ferrum Network price is positively correlated with the top 10 coins by market cap with a price of 0.361, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.362.
Currencies that are positively correlated with Ferrum Network 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 Ferrum Network, a move in one direction for Ferrum Network would translate into a move in the opposite direction for the negatively correlated coin.
