Based on today's classical pivot point (P1) with the value of $0.0₅5789, Forus has support levels of $0.0₅5697, $0.0₅5583, and the strongest at $0.0₅5491. Similarly, Forus resistance levels are at $0.0₅5903, $0.0₅5995, and $0.0₅6109.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5697 | |
| S2 | $0.0₅5583 | |
| S3 | $0.0₅5491 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5903 | |
| R2 | $0.0₅5995 | |
| R3 | $0.0₅6109 |
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) | 9.04 | BUY |
| Stoch RSI (14) | 76.92 | NEUTRAL |
| Stochastic Fast (14) | 31.72 | NEUTRAL |
| Commodity Channel Index (20) | -234.15 | BUY |
| Average Directional Index (14) | 99.48 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -68.28 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.01 | 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, Forus price was most positively correlated with the price of Worldcoin (WLD), Sky (SKY), Cosmos (ATOM), Flare (FLR) and VeChain (VET) and most negatively correlated with the price of DeXe (DEXE), Aave (AAVE), Jito (JTO), Beldex (BDX) and Avalanche (AVAX).
| Name | Correlation |
|---|---|
| Worldcoin | 0.933 |
| Sky | 0.912 |
| Cosmos | 0.908 |
| Flare | 0.902 |
| VeChain | 0.890 |
| Name | Correlation |
|---|---|
| DeXe | -0.723 |
| Aave | -0.670 |
| Jito | -0.600 |
| Beldex | -0.496 |
| Avalanche | -0.467 |
Forus price is positively correlated with the top 10 coins by market cap with a price of 0.461, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.622.
Currencies that are positively correlated with Forus 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 Forus, a move in one direction for Forus would translate into a move in the opposite direction for the negatively correlated coin.
