Based on today's classical pivot point (P1) with the value of $0.01192, Forta has support levels of $0.01169, $0.01158, and the strongest at $0.01135. Similarly, Forta resistance levels are at $0.01203, $0.01225, and $0.01237.
| # | Price | Strength |
|---|---|---|
| S1 | $0.01169 | |
| S2 | $0.01158 | |
| S3 | $0.01135 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.01203 | |
| R2 | $0.01225 | |
| R3 | $0.01237 |
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) | 42.11 | NEUTRAL |
| Stoch RSI (14) | 63.10 | NEUTRAL |
| Stochastic Fast (14) | 32.26 | NEUTRAL |
| Commodity Channel Index (20) | -22.20 | NEUTRAL |
| Average Directional Index (14) | 20.88 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -67.74 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 47.62 | NEUTRAL |
| VWMA (10) | 0.01 | BUY |
| Hull Moving Average (9) | 0.01 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.01 | NEUTRAL |
Over the past 7 days, Forta price was most positively correlated with the price of Ethereum (ETH), Aerodrome Finance (AERO), Bitcoin Cash (BCH), Immutable X (IMX) and Bitcoin (BTC) and most negatively correlated with the price of Zebec Network (ZBCN), Venice Token (VVV), Telcoin (TEL), Pendle (PENDLE) and Sky (SKY).
| Name | Correlation |
|---|---|
| Ethereum | 0.825 |
| Aerodrome Finance | 0.823 |
| Bitcoin Cash | 0.822 |
| Immutable X | 0.781 |
| Bitcoin | 0.781 |
| Name | Correlation |
|---|---|
| Zebec Network | -0.677 |
| Venice Token | -0.633 |
| Telcoin | -0.543 |
| Pendle | -0.517 |
| Sky | -0.503 |
Forta price is positively correlated with the top 10 coins by market cap with a price of 0.402, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.223.
Currencies that are positively correlated with Forta 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 Forta, a move in one direction for Forta would translate into a move in the opposite direction for the negatively correlated coin.
