Based on today's classical pivot point (P1) with the value of $0.02321, Biconomy has support levels of $0.02234, $0.02182, and the strongest at $0.02095. Similarly, Biconomy resistance levels are at $0.02372, $0.02460, and $0.02511.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02234 | |
| S2 | $0.02182 | |
| S3 | $0.02095 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.02372 | |
| R2 | $0.02460 | |
| R3 | $0.02511 |
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) | 60.15 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 74.50 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 25.37 | BUY |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -25.50 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.42 | NEUTRAL |
| VWMA (10) | 0.02 | BUY |
| Hull Moving Average (9) | 0.02 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.02 | NEUTRAL |
Over the past 7 days, Biconomy price was most positively correlated with the price of Immutable X (IMX), Hyperliquid (HYPE), Shiba Inu (SHIB), Injective (INJ) and NEAR Protocol (NEAR) and most negatively correlated with the price of Midnight (NIGHT), Filecoin (FIL), OKB (OKB), Decred (DCR) and Worldcoin (WLD).
| Name | Correlation |
|---|---|
| Immutable X | 0.953 |
| Hyperliquid | 0.932 |
| Shiba Inu | 0.925 |
| Injective | 0.918 |
| NEAR Protocol | 0.915 |
| Name | Correlation |
|---|---|
| Midnight | -0.822 |
| Filecoin | -0.798 |
| OKB | -0.782 |
| Decred | -0.729 |
| Worldcoin | -0.534 |
Biconomy price is positively correlated with the top 10 coins by market cap with a price of 0.676, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.530.
Currencies that are positively correlated with Biconomy 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 Biconomy, a move in one direction for Biconomy would translate into a move in the opposite direction for the negatively correlated coin.
