Based on today's classical pivot point (P1) with the value of $4.14, BurnedFi has support levels of $4.10, $4.05, and the strongest at $4.01. Similarly, BurnedFi resistance levels are at $4.19, $4.23, and $4.28.
| # | Price | Strength |
|---|---|---|
| S1 | $4.10 | |
| S2 | $4.05 | |
| S3 | $4.01 |
| # | Price | Strength |
|---|---|---|
| R1 | $4.19 | |
| R2 | $4.23 | |
| R3 | $4.28 |
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) | 64.90 | NEUTRAL |
| Stoch RSI (14) | 97.37 | SELL |
| Stochastic Fast (14) | 81.42 | SELL |
| Commodity Channel Index (20) | 135.10 | SELL |
| Average Directional Index (14) | 29.13 | BUY |
| Awesome Oscillator (5, 34) | 0.48 | NEUTRAL |
| Momentum (10) | 1.05 | NEUTRAL |
| MACD (12, 26) | 0.17 | NEUTRAL |
| Williams Percent Range (14) | -18.58 | SELL |
| Bull Bear Power (13) | 0.82 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 67.75 | NEUTRAL |
| VWMA (10) | 3.66 | BUY |
| Hull Moving Average (9) | 4.48 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 3.68 | NEUTRAL |
Over the past 7 days, BurnedFi price was most positively correlated with the price of Celestia (TIA), Flare (FLR), Immutable X (IMX), Venice Token (VVV) and Sei (SEI) and most negatively correlated with the price of Dash (DASH), Toncoin (TON), Pi Network (PI), Sky (SKY) and Bitcoin Cash (BCH).
| Name | Correlation |
|---|---|
| Celestia | 0.844 |
| Flare | 0.809 |
| Immutable X | 0.806 |
| Venice Token | 0.802 |
| Sei | 0.793 |
| Name | Correlation |
|---|---|
| Dash | -0.741 |
| Toncoin | -0.698 |
| Pi Network | -0.659 |
| Sky | -0.543 |
| Bitcoin Cash | -0.518 |
BurnedFi price is positively correlated with the top 10 coins by market cap with a price of 0.428, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.345.
Currencies that are positively correlated with BurnedFi 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 BurnedFi, a move in one direction for BurnedFi would translate into a move in the opposite direction for the negatively correlated coin.
