Based on today's classical pivot point (P1) with the value of $0.008451, Let's BONK has support levels of $0.008118, $0.007886, and the strongest at $0.007554. Similarly, Let's BONK resistance levels are at $0.008683, $0.009015, and $0.009247.
| # | Price | Strength |
|---|---|---|
| S1 | $0.008118 | |
| S2 | $0.007886 | |
| S3 | $0.007554 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.008683 | |
| R2 | $0.009015 | |
| R3 | $0.009247 |
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) | 65.40 | NEUTRAL |
| Stoch RSI (14) | 52.67 | NEUTRAL |
| Stochastic Fast (14) | 68.60 | NEUTRAL |
| Commodity Channel Index (20) | 117.77 | SELL |
| Average Directional Index (14) | 23.96 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -31.40 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 67.13 | 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, Let's BONK price was most positively correlated with the price of Jupiter (JUP), Arbitrum (ARB), Jasmy (JASMY), Aptos (APT) and Immutable X (IMX) and most negatively correlated with the price of Dash (DASH), Pi Network (PI), Toncoin (TON), Bitcoin Cash (BCH) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Jupiter | 0.940 |
| Arbitrum | 0.925 |
| Jasmy | 0.914 |
| Aptos | 0.891 |
| Immutable X | 0.885 |
| Name | Correlation |
|---|---|
| Dash | -0.601 |
| Pi Network | -0.561 |
| Toncoin | -0.456 |
| Bitcoin Cash | -0.378 |
| Morpho | -0.306 |
Let's BONK price is positively correlated with the top 10 coins by market cap with a price of 0.603, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.494.
Currencies that are positively correlated with Let's BONK 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 Let's BONK, a move in one direction for Let's BONK would translate into a move in the opposite direction for the negatively correlated coin.
