MONERO - XMR/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	XMRUSD
ISIN:

MONERO - XMR/USD - 1H - Technical analysis published on 01/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 153.96 USD

My targets

158.05 USD (+0.82%)

159.43 USD (+1.70%)

My analysis

A bullish trend on MONERO - XMR/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 153.96 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 158.05 USD. Then the price could move towards 159.43 USD. Then 162.15 USD by extension. Be careful, a return below 153.96 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MONERO - XMR/USD rating is 156.77 USD. The price is lower by -0.03% since the last closing with the lowest point at 156.22 USD and the highest point at 156.92 USD. The deviation from the price is +0.35% for the low point and -0.10% for the high point.

156.22

156.92

156.77

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MONERO - XMR/USD:

Abnormal volumes on MONERO - XMR/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of MONERO - XMR/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	149.72	153.96	156.47	156.77	158.05	159.43	162.15
Change (%)	-4.50%	-1.79%	-0.19%	-	+0.82%	+1.70%	+3.43%
Change	-7.05	-2.81	-0.30	-	+1.28	+2.66	+5.38
Level	Intermediate	Intermediate	Minor	-	Minor	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	151.58	153.72	155.27	157.41	158.96	161.10	162.65
Camarilla	155.81	156.14	156.48	156.82	157.16	157.50	157.84
Woodie	151.29	153.57	154.98	157.26	158.67	160.95	162.36
Fibonacci	153.72	155.13	156.00	157.41	158.82	159.69	161.10

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	136.02	143.01	149.92	156.91	163.82	170.81	177.72
Camarilla	153.00	154.27	155.55	156.82	158.09	159.37	160.64
Woodie	135.97	142.99	149.87	156.89	163.77	170.79	177.67
Fibonacci	143.01	148.32	151.60	156.91	162.22	165.50	170.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	140.15	151.29	158.24	169.38	176.33	187.47	194.42
Camarilla	160.21	161.86	163.52	165.18	166.84	168.50	170.16
Woodie	138.05	150.24	156.14	168.33	174.23	186.42	192.32
Fibonacci	151.29	158.20	162.47	169.38	176.29	180.56	187.47

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	49.20
MACD (12,26,9):	0.1500
Directional Movement:	-1.31
AROON (14):	78.57
DEMA (21):	157.00
Parabolic SAR (0,02-0,02-0,2):	155.96
Elder Ray (13):	-0.10
Super Trend (3,10):	155.48
Zig ZAG (10):	156.56
VORTEX (21):	0.8900
Stochastique (14,3,5):	46.73
TEMA (21):	156.79
Williams %R (14):	-68.79
Chande Momentum Oscillator (20):	0.24
Repulse (5,40,3):	-0.1200
ROCnROLL:	-1
TRIX (15,9):	0.0300
Courbe Coppock:	0.46

MA7:	156.76
MA20:	155.34
MA50:	164.92
MA100:	164.55
MAexp7:	156.72
MAexp20:	156.74
MAexp50:	156.35
MAexp100:	156.18
Price / MA7:	+0.01%
Price / MA20:	+0.92%
Price / MA50:	-4.94%
Price / MA100:	-4.73%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.02%
Price / MAexp50:	+0.27%
Price / MAexp100:	+0.38%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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