Based on today's classical pivot point (P1) with the value of $4.77, Bounce Token has support levels of $4.76, $4.74, and the strongest at $4.73. Similarly, Bounce Token resistance levels are at $4.79, $4.80, and $4.81.
| # | Price | Strength |
|---|---|---|
| S1 | $4.76 | |
| S2 | $4.74 | |
| S3 | $4.73 |
| # | Price | Strength |
|---|---|---|
| R1 | $4.79 | |
| R2 | $4.80 | |
| R3 | $4.81 |
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) | 50.12 | NEUTRAL |
| Stoch RSI (14) | 25.97 | NEUTRAL |
| Stochastic Fast (14) | 27.12 | NEUTRAL |
| Commodity Channel Index (20) | -39.50 | NEUTRAL |
| Average Directional Index (14) | 30.99 | BUY |
| Awesome Oscillator (5, 34) | 0.04 | NEUTRAL |
| Momentum (10) | 0.01 | NEUTRAL |
| MACD (12, 26) | -0.01 | NEUTRAL |
| Williams Percent Range (14) | -72.88 | NEUTRAL |
| Bull Bear Power (13) | -0.04 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 37.34 | NEUTRAL |
| VWMA (10) | 4.82 | SELL |
| Hull Moving Average (9) | 4.72 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 4.82 | NEUTRAL |
Over the past 7 days, Bounce Token price was most positively correlated with the price of Mantle (MNT), Hedera Hashgraph (HBAR), Avalanche (AVAX), Immutable X (IMX) and Solana (SOL) and most negatively correlated with the price of Pudgy Penguins (PENGU), Terra Classic (LUNC), JUST (JST), Morpho (MORPHO) and Dogecoin (DOGE).
| Name | Correlation |
|---|---|
| Mantle | 0.911 |
| Hedera Hashgraph | 0.879 |
| Avalanche | 0.876 |
| Immutable X | 0.874 |
| Solana | 0.853 |
| Name | Correlation |
|---|---|
| Pudgy Penguins | -0.806 |
| Terra Classic | -0.759 |
| JUST | -0.726 |
| Morpho | -0.537 |
| Dogecoin | -0.520 |
Bounce Token price is positively correlated with the top 10 coins by market cap with a price of 0.467, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.399.
Currencies that are positively correlated with Bounce Token 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 Bounce Token, a move in one direction for Bounce Token would translate into a move in the opposite direction for the negatively correlated coin.
