Based on today's classical pivot point (P1) with the value of $0.0₈8768, Bonfire has support levels of $0.0₈8661, $0.0₈8445, and the strongest at $0.0₈8338. Similarly, Bonfire resistance levels are at $0.0₈8983, $0.0₈9091, and $0.0₈9306.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₈8661 | |
| S2 | $0.0₈8445 | |
| S3 | $0.0₈8338 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₈8983 | |
| R2 | $0.0₈9091 | |
| R3 | $0.0₈9306 |
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) | 49.12 | NEUTRAL |
| Stoch RSI (14) | 50.23 | NEUTRAL |
| Stochastic Fast (14) | 43.23 | NEUTRAL |
| Commodity Channel Index (20) | -46.15 | NEUTRAL |
| Average Directional Index (14) | 15.88 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -56.77 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 51.81 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | SELL |
Over the past 7 days, Bonfire price was most positively correlated with the price of Dogecoin (DOGE), Bonk (BONK), Chainlink (LINK), Pepe Coin (PEPE) and Pump.fun (PUMP) and most negatively correlated with the price of JUST (JST), DeXe (DEXE), LEO Token (LEO), Quant (QNT) and Zebec Network (ZBCN).
| Name | Correlation |
|---|---|
| Dogecoin | 0.826 |
| Bonk | 0.820 |
| Chainlink | 0.811 |
| Pepe Coin | 0.811 |
| Pump.fun | 0.808 |
| Name | Correlation |
|---|---|
| JUST | -0.694 |
| DeXe | -0.661 |
| LEO Token | -0.652 |
| Quant | -0.629 |
| Zebec Network | -0.580 |
Bonfire price is positively correlated with the top 10 coins by market cap with a price of 0.704, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.585.
Currencies that are positively correlated with Bonfire 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 Bonfire, a move in one direction for Bonfire would translate into a move in the opposite direction for the negatively correlated coin.
