Based on today's classical pivot point (P1) with the value of $0.001019, BurnsDeFi has support levels of $0.001015, $0.001013, and the strongest at $0.001008. Similarly, BurnsDeFi resistance levels are at $0.001022, $0.001026, and $0.001028.
| # | Price | Strength |
|---|---|---|
| S1 | $0.001015 | |
| S2 | $0.001013 | |
| S3 | $0.001008 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.001022 | |
| R2 | $0.001026 | |
| R3 | $0.001028 |
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) | 51.23 | NEUTRAL |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 33.24 | NEUTRAL |
| Commodity Channel Index (20) | -12.25 | NEUTRAL |
| Average Directional Index (14) | 23.21 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -66.76 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 45.32 | 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, BurnsDeFi price was most positively correlated with the price of Bitget Token (BGB), Decred (DCR), Optimism (OP), Immutable X (IMX) and Polkadot (DOT) and most negatively correlated with the price of DeXe (DEXE), LEO Token (LEO), Bittensor (TAO), Beldex (BDX) and World Liberty Financial (WLFI).
| Name | Correlation |
|---|---|
| Bitget Token | 0.899 |
| Decred | 0.849 |
| Optimism | 0.848 |
| Immutable X | 0.814 |
| Polkadot | 0.811 |
| Name | Correlation |
|---|---|
| DeXe | -0.804 |
| LEO Token | -0.726 |
| Bittensor | -0.651 |
| Beldex | -0.584 |
| World Liberty Financial | -0.512 |
BurnsDeFi price is positively correlated with the top 10 coins by market cap with a price of 0.283, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.272.
Currencies that are positively correlated with BurnsDeFi 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 BurnsDeFi, a move in one direction for BurnsDeFi would translate into a move in the opposite direction for the negatively correlated coin.
