Based on today's classical pivot point (P1) with the value of $0.0₅7198, Ferrum Network has support levels of $0.0₅7066, $0.0₅6825, and the strongest at $0.0₅6693. Similarly, Ferrum Network resistance levels are at $0.0₅7439, $0.0₅7571, and $0.0₅7813.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅7066 | |
| S2 | $0.0₅6825 | |
| S3 | $0.0₅6693 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅7439 | |
| R2 | $0.0₅7571 | |
| R3 | $0.0₅7813 |
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) | 20.09 | BUY |
| Stoch RSI (14) | 8.62 | BUY |
| Stochastic Fast (14) | 8.63 | BUY |
| Commodity Channel Index (20) | -324.08 | BUY |
| Average Directional Index (14) | 59.69 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -91.37 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 14.51 | BUY |
| 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, Ferrum Network price was most positively correlated with the price of LEO Token (LEO), APENFT (NFT), Sky (SKY), LayerZero (ZRO) and Monero (XMR) and most negatively correlated with the price of Canton (CC), DeXe (DEXE), Kaspa (KAS), Monad (MON) and Beldex (BDX).
| Name | Correlation |
|---|---|
| LEO Token | 0.901 |
| APENFT | 0.877 |
| Sky | 0.834 |
| LayerZero | 0.832 |
| Monero | 0.831 |
| Name | Correlation |
|---|---|
| Canton | -0.627 |
| DeXe | -0.324 |
| Kaspa | -0.213 |
| Monad | -0.123 |
| Beldex | 0.007 |
Ferrum Network price is positively correlated with the top 10 coins by market cap with a price of 0.720, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.604.
Currencies that are positively correlated with Ferrum Network 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 Ferrum Network, a move in one direction for Ferrum Network would translate into a move in the opposite direction for the negatively correlated coin.
