Based on today's classical pivot point (P1) with the value of $0.0₆1096, Frencoin has support levels of $0.0₆1091, $0.0₆1083, and the strongest at $0.0₆1078. Similarly, Frencoin resistance levels are at $0.0₆1105, $0.0₆1109, and $0.0₆1118.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆1091 | |
| S2 | $0.0₆1083 | |
| S3 | $0.0₆1078 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆1105 | |
| R2 | $0.0₆1109 | |
| R3 | $0.0₆1118 |
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) | 35.53 | NEUTRAL |
| Stoch RSI (14) | 7.95 | BUY |
| Stochastic Fast (14) | 5.69 | BUY |
| Commodity Channel Index (20) | -89.61 | NEUTRAL |
| Average Directional Index (14) | 15.62 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -94.31 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 30.34 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Frencoin price was most positively correlated with the price of Bitcoin Cash (BCH), Chiliz (CHZ), Shiba Inu (SHIB), Uniswap (UNI) and Ethena (ENA) and most negatively correlated with the price of Midnight (NIGHT), NEAR Protocol (NEAR), Morpho (MORPHO), Canton (CC) and Quant (QNT).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.915 |
| Chiliz | 0.898 |
| Shiba Inu | 0.880 |
| Uniswap | 0.876 |
| Ethena | 0.871 |
| Name | Correlation |
|---|---|
| Midnight | -0.780 |
| NEAR Protocol | -0.727 |
| Morpho | -0.718 |
| Canton | -0.697 |
| Quant | -0.656 |
Frencoin price is positively correlated with the top 10 coins by market cap with a price of 0.407, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.276.
Currencies that are positively correlated with Frencoin 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 Frencoin, a move in one direction for Frencoin would translate into a move in the opposite direction for the negatively correlated coin.
