Based on today's classical pivot point (P1) with the value of $0.003809, Black Phoenix has support levels of $0.003681, $0.003534, and the strongest at $0.003406. Similarly, Black Phoenix resistance levels are at $0.003956, $0.004085, and $0.004232.
| # | Price | Strength |
|---|---|---|
| S1 | $0.003681 | |
| S2 | $0.003534 | |
| S3 | $0.003406 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.003956 | |
| R2 | $0.004085 | |
| R3 | $0.004232 |
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) | 40.36 | NEUTRAL |
| Stoch RSI (14) | 28.48 | NEUTRAL |
| Stochastic Fast (14) | 17.08 | BUY |
| Commodity Channel Index (20) | -167.61 | BUY |
| Average Directional Index (14) | 10.17 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -82.92 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 43.83 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Black Phoenix price was most positively correlated with the price of Immutable X (IMX), Nexo (NEXO), Canton (CC), TRON (TRX) and Ethena (ENA) and most negatively correlated with the price of Algorand (ALGO), JUST (JST), Kaia (KAIA), IOTA (IOTA) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Immutable X | 0.718 |
| Nexo | 0.702 |
| Canton | 0.685 |
| TRON | 0.677 |
| Ethena | 0.651 |
| Name | Correlation |
|---|---|
| Algorand | -0.659 |
| JUST | -0.635 |
| Kaia | -0.634 |
| IOTA | -0.593 |
| Venice Token | -0.562 |
Black Phoenix price is positively correlated with the top 10 coins by market cap with a price of 0.139, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.153.
Currencies that are positively correlated with Black Phoenix 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 Black Phoenix, a move in one direction for Black Phoenix would translate into a move in the opposite direction for the negatively correlated coin.
