Based on today's classical pivot point (P1) with the value of $0.6259, FOODAM has support levels of $0.3523, $0.05700, and the strongest at $-0.2166. Similarly, FOODAM resistance levels are at $0.9212, $1.19, and $1.49.
| # | Price | Strength |
|---|---|---|
| S1 | $0.3523 | |
| S2 | $0.05700 | |
| S3 | $-0.2166 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.9212 | |
| R2 | $1.19 | |
| R3 | $1.49 |
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) | 44.38 | NEUTRAL |
| Stoch RSI (14) | NEUTRAL | |
| Stochastic Fast (14) | 0.64 | BUY |
| Commodity Channel Index (20) | NEUTRAL | |
| Average Directional Index (14) | NEUTRAL | |
| Awesome Oscillator (5, 34) | NEUTRAL | |
| Momentum (10) | -39.34 | NEUTRAL |
| MACD (12, 26) | NEUTRAL | |
| Williams Percent Range (14) | -99.36 | BUY |
| Bull Bear Power (13) | -12.87 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | NEUTRAL | |
| VWMA (10) | 6.20 | SELL |
| Hull Moving Average (9) | -4.80 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | NEUTRAL |
Over the past 7 days, FOODAM price was most positively correlated with the price of Polkadot (DOT), Optimism (OP), Flare (FLR), Decred (DCR) and Immutable X (IMX) and most negatively correlated with the price of DeXe (DEXE), Bittensor (TAO), LEO Token (LEO), Beldex (BDX) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| Polkadot | 0.909 |
| Optimism | 0.902 |
| Flare | 0.872 |
| Decred | 0.861 |
| Immutable X | 0.855 |
| Name | Correlation |
|---|---|
| DeXe | -0.791 |
| Bittensor | -0.744 |
| LEO Token | -0.687 |
| Beldex | -0.672 |
| Venice Token | -0.653 |
FOODAM price is positively correlated with the top 10 coins by market cap with a price of 0.289, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.247.
Currencies that are positively correlated with FOODAM 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 FOODAM, a move in one direction for FOODAM would translate into a move in the opposite direction for the negatively correlated coin.
