Based on today's classical pivot point (P1) with the value of $0.0₆1537, Frencoin has support levels of $0.0₆1469, $0.0₆1332, and the strongest at $0.0₆1263. Similarly, Frencoin resistance levels are at $0.0₆1675, $0.0₆1743, and $0.0₆1880.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆1469 | |
| S2 | $0.0₆1332 | |
| S3 | $0.0₆1263 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1675 | |
| R2 | $0.0₆1743 | |
| R3 | $0.0₆1880 |
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) | 33.21 | NEUTRAL |
| Stoch RSI (14) | 88.12 | SELL |
| Stochastic Fast (14) | 58.57 | NEUTRAL |
| Commodity Channel Index (20) | -106.69 | BUY |
| Average Directional Index (14) | 20.31 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -41.43 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.20 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Frencoin price was most positively correlated with the price of JUST (JST), Dash (DASH), Zcash (ZEC), Canton (CC) and Decred (DCR) and most negatively correlated with the price of Chiliz (CHZ), Immutable X (IMX), Injective (INJ), GateToken (GT) and Optimism (OP).
| Name | Correlation |
|---|---|
| JUST | 0.829 |
| Dash | 0.519 |
| Zcash | 0.511 |
| Canton | 0.404 |
| Decred | 0.358 |
| Name | Correlation |
|---|---|
| Chiliz | -0.836 |
| Immutable X | -0.809 |
| Injective | -0.806 |
| GateToken | -0.788 |
| Optimism | -0.740 |
Frencoin price is negatively correlated with the top 10 coins by market cap with a price of -0.499, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.399.
Currencies that are positively correlated with Frencoin 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 Frencoin, a move in one direction for Frencoin would translate into a move in the opposite direction for the negatively correlated coin.
