Image of 42
4242-coin
$18,585
0.88%
1D

42-coin Analysis

Investment Score
A quick view into 42-coin's investment prospects.
7.1

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 80%
Why this state?
  • 42 is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
42 is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 53.32, which is neither overbought nor oversold.
Volatility
Quiet
42 ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$18,689 - $19,599
Support zone
$14,040 - $17,199
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

42-coin support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$14,040 - $17,199
Resistance zone
$18,689 - $19,599
Active zone
--
Levels Table
LevelZoneStrength
Support 1$14,040 - $17,199
Resistance 1$18,689 - $19,599
Resistance 2$20,698 - $21,608
Resistance 3$22,608 - $24,154
Resistance 4$24,302 - $28,597
Scenario Analysis
Bullish scenario

42 clears the resistance zone at $18,689 - $19,599 and holds above it. That would strengthen the breakout case and shift attention to $20,698 - $21,608.

Bearish scenario

42 loses the support zone at $14,040 - $17,199. That would weaken the setup and open the way toward $14,040 - $17,199.

Neutral scenario

42 continues trading between $17,199 and $18,689. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$18,411
Bullish
42 is trading above the 50-day average.
SMA200
$21,755
Bearish
42 remains below the long-term trend line.
EMA50
$18,188
Bullish
42 is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$23,771
Bearish
42 is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
53.32
Neutral
RSI (14) is at 53.32, which keeps momentum in a balanced range.
Stoch RSI (14)
55.51
Neutral
Stoch RSI (14) is at 55.51, which suggests momentum is active but not yet extreme.
MACD
163.81
Bullish
MACD is above its signal line.
ATR
4.90%
Quiet
Volatility is below its 180-day median.
VWMA
$18,081
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
46.33
Neutral
CCI (20) is at 46.33, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$553.28
Bullish
Awesome Oscillator is above zero at $553.28, which supports bullish momentum.
Williams Percent Range (14)
-43.11
Neutral
Williams Percent Range (14) is at -43.11, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$23.95
Bullish
Bull Bear Power (13) is positive at $23.95, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.50
Neutral
Ultimate Oscillator is at 48.50, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$18,783
Bearish
42 is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$18,306
Bullish
42 is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to 42-coin

Over the past 7 days, 42-coin price was most positively correlated with the price of KuCoin Token (KCS), Zcash (ZEC), Dash (DASH), Aave (AAVE) and Uniswap (UNI) and most negatively correlated with the price of Pendle (PENDLE), Beldex (BDX), Aster (ASTER), StarkNet (STRK) and JUST (JST).

Positively Correlated Currencies
NameCorrelation
Image of KuCoin TokenKuCoin Token0.664
Image of ZcashZcash0.654
Image of DashDash0.644
Image of AaveAave0.632
Image of UniswapUniswap0.611
Negatively Correlated Currencies
NameCorrelation
Image of PendlePendle-0.233
Image of BeldexBeldex-0.095
Image of AsterAster0.006
Image of StarkNetStarkNet0.027
Image of JUSTJUST0.044

42-coin price is positively correlated with the top 10 coins by market cap with a price of 0.372, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.377. Currencies that are positively correlated with 42-coin 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 42-coin, a move in one direction for 42-coin would translate into a move in the opposite direction for the negatively correlated coin.

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