Based on today's classical pivot point (P1) with the value of $55.90, ForTon has support levels of $53.93, $51.60, and the strongest at $49.63. Similarly, ForTon resistance levels are at $58.22, $60.19, and $62.52.
| # | Price | Strength |
|---|---|---|
| S1 | $53.93 | |
| S2 | $51.60 | |
| S3 | $49.63 |
| # | Price | Strength |
|---|---|---|
| R1 | $58.22 | |
| R2 | $60.19 | |
| R3 | $62.52 |
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) | 26.66 | BUY |
| Stoch RSI (14) | 11.76 | BUY |
| Stochastic Fast (14) | 9.95 | BUY |
| Commodity Channel Index (20) | -156.96 | BUY |
| Average Directional Index (14) | 44.27 | SELL |
| Awesome Oscillator (5, 34) | -29.55 | NEUTRAL |
| Momentum (10) | -13.61 | NEUTRAL |
| MACD (12, 26) | -0.06 | NEUTRAL |
| Williams Percent Range (14) | -90.05 | BUY |
| Bull Bear Power (13) | -25.11 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.11 | NEUTRAL |
| VWMA (10) | 67.23 | SELL |
| Hull Moving Average (9) | 56.46 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 84.48 | NEUTRAL |
Over the past 7 days, ForTon price was most positively correlated with the price of Canton (CC), Aptos (APT), Nexo (NEXO), Immutable X (IMX) and Ethena (ENA) and most negatively correlated with the price of Algorand (ALGO), Monad (MON), Venice Token (VVV), Bitcoin SV (BSV) and Render Token (RENDER).
| Name | Correlation |
|---|---|
| Canton | 0.920 |
| Aptos | 0.899 |
| Nexo | 0.865 |
| Immutable X | 0.854 |
| Ethena | 0.808 |
| Name | Correlation |
|---|---|
| Algorand | -0.909 |
| Monad | -0.830 |
| Venice Token | -0.821 |
| Bitcoin SV | -0.780 |
| Render Token | -0.772 |
ForTon price is positively correlated with the top 10 coins by market cap with a price of 0.197, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.199.
Currencies that are positively correlated with ForTon 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 ForTon, a move in one direction for ForTon would translate into a move in the opposite direction for the negatively correlated coin.
