Based on today's classical pivot point (P1) with the value of $0.0₅5953, Ferrum Network has support levels of $0.0₅5714, $0.0₅5502, and the strongest at $0.0₅5263. Similarly, Ferrum Network resistance levels are at $0.0₅6165, $0.0₅6404, and $0.0₅6616.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5714 | |
| S2 | $0.0₅5502 | |
| S3 | $0.0₅5263 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅6165 | |
| R2 | $0.0₅6404 | |
| R3 | $0.0₅6616 |
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) | 25.38 | BUY |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 22.04 | NEUTRAL |
| Commodity Channel Index (20) | -40.78 | NEUTRAL |
| Average Directional Index (14) | 77.67 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -77.96 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 32.44 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| 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 Kaspa (KAS), JUST (JST), Quant (QNT), Hyperliquid (HYPE) and DeXe (DEXE) and most negatively correlated with the price of Midnight (NIGHT), Venice Token (VVV), World Liberty Financial (WLFI), Uniswap (UNI) and Flare (FLR).
| Name | Correlation |
|---|---|
| Kaspa | 0.734 |
| JUST | 0.672 |
| Quant | 0.633 |
| Hyperliquid | 0.555 |
| DeXe | 0.511 |
| Name | Correlation |
|---|---|
| Midnight | -0.621 |
| Venice Token | -0.618 |
| World Liberty Financial | -0.618 |
| Uniswap | -0.603 |
| Flare | -0.601 |
Ferrum Network price is negatively correlated with the top 10 coins by market cap with a price of -0.072, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.059.
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.
