Based on today's classical pivot point (P1) with the value of $0.0₅7851, Bonk has support levels of $0.0₅7716, $0.0₅7579, and the strongest at $0.0₅7444. Similarly, Bonk resistance levels are at $0.0₅7989, $0.0₅8124, and $0.0₅8261.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7716 | |
| S2 | $0.0₅7579 | |
| S3 | $0.0₅7444 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7989 | |
| R2 | $0.0₅8124 | |
| R3 | $0.0₅8261 |
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) | 26.97 | BUY |
| Stoch RSI (14) | 10.68 | BUY |
| Stochastic Fast (14) | 14.06 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 33.20 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -85.94 | BUY |
| Ultimate Oscillator (7, 14, 28) | 41.60 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Bonk price was most positively correlated with the price of Ethereum Classic (ETC), Ondo Finance (ONDO), Optimism (OP), Worldcoin (WLD) and Cardano (ADA) and most negatively correlated with the price of APENFT (NFT), Merlin Chain (MERL), Curve DAO Token (CRV), Sky (SKY) and XDC Network (XDC).
| Name | Correlation |
|---|---|
| Ethereum Classic | 0.977 |
| Ondo Finance | 0.970 |
| Optimism | 0.953 |
| Worldcoin | 0.943 |
| Cardano | 0.942 |
| Name | Correlation |
|---|---|
| APENFT | -0.378 |
| Merlin Chain | -0.344 |
| Curve DAO Token | -0.298 |
| Sky | -0.121 |
| XDC Network | 0.017 |
Bonk price is positively correlated with the top 10 coins by market cap with a price of 0.625, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.610.
Currencies that are positively correlated with Bonk 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 Bonk, a move in one direction for Bonk would translate into a move in the opposite direction for the negatively correlated coin.
