Image of 42
4242-coin
$18,228
-4.06%
1D

42-coin Analysis

Investment Score
A quick view into 42-coin's investment prospects.
4.5

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

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.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 82%
Why this state?
  • 42 is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
42 is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 58.04, 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
$20,709 - $21,598
Active zone
$18,699 - $19,588
Support zone
$14,053 - $17,140
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
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
$14,053 - $17,140
Resistance zone
$20,709 - $21,598
Active zone
$18,699 - $19,588
Levels Table
LevelZoneStrength
Support 1$14,053 - $17,140
Resistance 1$20,709 - $21,598
Resistance 2$22,617 - $24,144
Resistance 3$24,312 - $28,586
Resistance 4$28,750 - $31,408
Active 1$18,699 - $19,588
Scenario Analysis
Bullish scenario

42 clears the resistance zone at $20,709 - $21,598 and holds above it. That would strengthen the breakout case and shift attention to $22,617 - $24,144.

Bearish scenario

42 loses the support zone at $14,053 - $17,140. That would weaken the setup and open the way toward $14,053 - $17,140.

Neutral scenario

42 continues trading between $17,140 and $20,709. 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
$18,139
Bullish
42 is trading above the 50-day average.
SMA200
$22,068
Bearish
42 remains below the long-term trend line.
EMA50
$18,101
Bullish
42 is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$24,097
Bearish
42 is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
58.04
Neutral
RSI (14) is at 58.04, which keeps momentum in a balanced range.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
18.54
Bullish
MACD is above its signal line.
ATR
4.68%
Quiet
Volatility is below its 180-day median.
VWMA
$17,746
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
177.67
Bullish
CCI (20) is strong at 177.67, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$-12.06
Bearish
Awesome Oscillator is below zero at $-12.06, which supports bearish momentum.
Williams Percent Range (14)
-11.57
Overbought
Williams Percent Range (14) is near the top of its recent range at -11.57.
Bull Bear Power (13)
$579.33
Bullish
Bull Bear Power (13) is positive at $579.33, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
46.10
Neutral
Ultimate Oscillator is at 46.10, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$18,286
Bullish
42 is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$17,974
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 Pendle (PENDLE), Optimism (OP), Avalanche (AVAX), StarkNet (STRK) and Ethena (ENA) and most negatively correlated with the price of Pi Network (PI), LEO Token (LEO), Beldex (BDX), TRON (TRX) and Curve DAO Token (CRV).

Positively Correlated Currencies
NameCorrelation
Image of PendlePendle0.884
Image of OptimismOptimism0.880
Image of AvalancheAvalanche0.873
Image of StarkNetStarkNet0.865
Image of EthenaEthena0.864
Negatively Correlated Currencies
NameCorrelation
Image of Pi NetworkPi Network-0.442
Image of LEO TokenLEO Token-0.435
Image of BeldexBeldex-0.290
Image of TRONTRON-0.091
Image of Curve DAO TokenCurve DAO Token0.059

42-coin price is positively correlated with the top 10 coins by market cap with a price of 0.730, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.583. 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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