Based on today's classical pivot point (P1) with the value of $0.6685, Filecoin has support levels of $0.6639, $0.6565, and the strongest at $0.6519. Similarly, Filecoin resistance levels are at $0.6760, $0.6805, and $0.6880.
| # | Price | Strength |
|---|---|---|
| S1 | $0.6639 | |
| S2 | $0.6565 | |
| S3 | $0.6519 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.6760 | |
| R2 | $0.6805 | |
| R3 | $0.6880 |
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) | 40.51 | NEUTRAL |
| Stoch RSI (14) | 25.70 | NEUTRAL |
| Stochastic Fast (14) | 14.78 | BUY |
| Commodity Channel Index (20) | -120.56 | BUY |
| Average Directional Index (14) | 31.22 | SELL |
| Awesome Oscillator (5, 34) | -0.04 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -85.22 | BUY |
| Bull Bear Power (13) | -0.04 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 42.93 | NEUTRAL |
| VWMA (10) | 0.69 | SELL |
| Hull Moving Average (9) | 0.66 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.71 | NEUTRAL |
Over the past 7 days, Filecoin price was most positively correlated with the price of Polkadot (DOT), Official Trump (TRUMP), Optimism (OP), VeChain (VET) and Immutable X (IMX) and most negatively correlated with the price of Hyperliquid (HYPE), JUST (JST), Monero (XMR), Venice Token (VVV) and Zcash (ZEC).
| Name | Correlation |
|---|---|
| Polkadot | 0.864 |
| Official Trump | 0.846 |
| Optimism | 0.839 |
| VeChain | 0.836 |
| Immutable X | 0.836 |
| Name | Correlation |
|---|---|
| Hyperliquid | -0.742 |
| JUST | -0.663 |
| Monero | -0.579 |
| Venice Token | -0.572 |
| Zcash | -0.542 |
Filecoin price is positively correlated with the top 10 coins by market cap with a price of 0.477, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.261.
Currencies that are positively correlated with Filecoin 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 Filecoin, a move in one direction for Filecoin would translate into a move in the opposite direction for the negatively correlated coin.
