Based on today's classical pivot point (P1) with the value of $55.72, ForTon has support levels of $54.63, $53.70, and the strongest at $52.62. Similarly, ForTon resistance levels are at $56.64, $57.73, and $58.66.
| # | Price | Strength |
|---|---|---|
| S1 | $54.63 | |
| S2 | $53.70 | |
| S3 | $52.62 |
| # | Price | Strength |
|---|---|---|
| R1 | $56.64 | |
| R2 | $57.73 | |
| R3 | $58.66 |
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) | 26.33 | BUY |
| Stoch RSI (14) | 4.59 | BUY |
| Stochastic Fast (14) | 7.37 | BUY |
| Commodity Channel Index (20) | -147.86 | BUY |
| Average Directional Index (14) | 45.10 | SELL |
| Awesome Oscillator (5, 34) | -29.77 | NEUTRAL |
| Momentum (10) | -16.36 | NEUTRAL |
| MACD (12, 26) | 0.02 | BUY |
| Williams Percent Range (14) | -92.63 | BUY |
| Bull Bear Power (13) | -21.32 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 26.91 | BUY |
| VWMA (10) | 65.77 | SELL |
| Hull Moving Average (9) | 52.45 | BUY |
| 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), Chiliz (CHZ), Nexo (NEXO) and Immutable X (IMX) and most negatively correlated with the price of Algorand (ALGO), Monad (MON), Bitcoin SV (BSV), Venice Token (VVV) and Zebec Network (ZBCN).
| Name | Correlation |
|---|---|
| Canton | 0.903 |
| Aptos | 0.876 |
| Chiliz | 0.873 |
| Nexo | 0.846 |
| Immutable X | 0.827 |
| Name | Correlation |
|---|---|
| Algorand | -0.913 |
| Monad | -0.863 |
| Bitcoin SV | -0.815 |
| Venice Token | -0.784 |
| Zebec Network | -0.777 |
ForTon price is positively correlated with the top 10 coins by market cap with a price of 0.218, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.200.
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.
