Based on today's classical pivot point (P1) with the value of $0.0003838, Honk has support levels of $0.0003681, $0.0003507, and the strongest at $0.0003350. Similarly, Honk resistance levels are at $0.0004011, $0.0004169, and $0.0004342.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0003681 | |
| S2 | $0.0003507 | |
| S3 | $0.0003350 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0004011 | |
| R2 | $0.0004169 | |
| R3 | $0.0004342 |
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) | 58.04 | NEUTRAL |
| Stoch RSI (14) | 78.75 | NEUTRAL |
| Stochastic Fast (14) | 71.89 | NEUTRAL |
| Commodity Channel Index (20) | 103.63 | SELL |
| Average Directional Index (14) | 29.90 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -28.11 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.71 | 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, Honk price was most positively correlated with the price of Bitcoin Cash (BCH), Binance Coin (BNB), TRON (TRX), Tezos (XTZ) and Immutable X (IMX) and most negatively correlated with the price of Venice Token (VVV), Zebec Network (ZBCN), Pendle (PENDLE), Artificial Superintelligence Alliance (FET) and Morpho (MORPHO).
| Name | Correlation |
|---|---|
| Bitcoin Cash | 0.833 |
| Binance Coin | 0.743 |
| TRON | 0.739 |
| Tezos | 0.733 |
| Immutable X | 0.716 |
| Name | Correlation |
|---|---|
| Venice Token | -0.620 |
| Zebec Network | -0.594 |
| Pendle | -0.548 |
| Artificial Superintelligence Alliance | -0.508 |
| Morpho | -0.430 |
Honk price is positively correlated with the top 10 coins by market cap with a price of 0.300, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.155.
Currencies that are positively correlated with Honk 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 Honk, a move in one direction for Honk would translate into a move in the opposite direction for the negatively correlated coin.
