Based on today's classical pivot point (P1) with the value of $0.0₅8328, FOFAR has support levels of $0.0₅8136, $0.0₅8027, and the strongest at $0.0₅7836. Similarly, FOFAR resistance levels are at $0.0₅8436, $0.0₅8628, and $0.0₅8736.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅8136 | |
| S2 | $0.0₅8027 | |
| S3 | $0.0₅7836 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅8436 | |
| R2 | $0.0₅8628 | |
| R3 | $0.0₅8736 |
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) | 18.47 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 11.68 | BUY |
| Commodity Channel Index (20) | -96.57 | NEUTRAL |
| Average Directional Index (14) | 64.60 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -88.32 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 31.45 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, FOFAR price was most positively correlated with the price of Sky (SKY), Stacks (STX), Pi Network (PI), Sui Crypto (SUI) and Decred (DCR) and most negatively correlated with the price of OKB (OKB), LayerZero (ZRO), KAITO (KAITO), Shiba Inu (SHIB) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Sky | 0.848 |
| Stacks | 0.829 |
| Pi Network | 0.794 |
| Sui Crypto | 0.789 |
| Decred | 0.788 |
| Name | Correlation |
|---|---|
| OKB | -0.461 |
| LayerZero | -0.411 |
| KAITO | -0.365 |
| Shiba Inu | -0.322 |
| Venice Token | -0.285 |
FOFAR price is positively correlated with the top 10 coins by market cap with a price of 0.322, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.393.
Currencies that are positively correlated with FOFAR 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 FOFAR, a move in one direction for FOFAR would translate into a move in the opposite direction for the negatively correlated coin.
