RESERVE RIGHTS - RSR/USDT
RESERVE RIGHTS - RSR/USDT
4.122 USDT (-6.02%)
04/01/2025 - 10:59 Open Real time data - CoinMarketCap
Open: 4.426
Change: -0.264
Volume: 1,595,031
Low: 4.008
High: 4.600
High / Low range: 0.592
Type: Cryptocurrencies
Ticker: RSRUSDT
ISIN:

RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/14/2022 (GMT)

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  • 10/14/2022 - 02:07
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  • Timeframe : 1H
  • - Analysis generated on 10/14/2022 - 02:07
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.006344 USDT
My targets
0.006722 USDT (+1.49%)
0.007389 USDT (+11.57%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for RESERVE RIGHTS - RSR/USDT as long as the price remains well above 0.006344 USDT. The buyers' bullish objective is set at 0.006722 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.007389 USDT. If there is any crossing, the next objective would be the resistance located at 0.007563 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.006722 USDT. On this resistance, against the trend traders who would like to go short on RESERVE RIGHTS - RSR/USDT with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.5

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 EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RESERVE RIGHTS - RSR/USDT price is 0.006623 USDT. The price registered an increase of +2.89% on the session and was traded between 0.006363 USDT and 0.006635 USDT over the period. The price is currently at +4.09% from its lowest and -0.18% from its highest.

0.006363
0.006635
0.006623

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-1000100200300January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of this 1H chart of RESERVE RIGHTS - RSR/USDT indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.005126 0.005916 0.006344 0.006623 0.007563 0.008543 0.008843
Change (%) -22.60% -10.67% -4.21% - +14.19% +28.99% +33.52%
Change -0.001497 -0.000707 -0.000279 - +0.000940 +0.001920 +0.002220
Level Major Minor Intermediate - Intermediate Major Minor



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
Standard0.0052350.0055760.0060060.0063470.0067770.0071180.007548
Camarilla0.0062250.0062960.0063660.0064370.0065080.0065780.006649
Woodie0.0052810.0055980.0060520.0063690.0068230.0071400.007594
Fibonacci0.0055760.0058700.0060520.0063470.0066410.0068230.007118


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0040110.0057800.0067220.0084910.0094330.0112020.012144
Camarilla0.0069190.0071670.0074160.0076640.0079130.0081610.008410
Woodie0.0035980.0055730.0063090.0082840.0090200.0109950.011731
Fibonacci0.0057800.0068160.0074550.0084910.0095270.0101660.011202


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0023560.0037710.0059740.0073890.0095920.0110070.013210
Camarilla0.0071810.0075130.0078440.0081760.0085080.0088390.009171
Woodie0.0027490.0039680.0063670.0075860.0099850.0112040.013603
Fibonacci0.0037710.0051530.0060070.0073890.0087710.0096250.011007

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Buy13
Moving averages
Created with Raphaël 2.3.0Sell16

RSI (14): 58.38
MACD (12,26,9): 0.0000
Directional Movement: 5.893880
AROON (14): 92.857143
DEMA (21): 0.006493
Parabolic SAR (0,02-0,02-0,2): 0.006074
Elder Ray (13): 0.000130
Super Trend (3,10): 0.006305
Zig ZAG (10): 0.006623
VORTEX (21): 1.0605
Stochastique (14,3,5): 93.80
TEMA (21): 0.006566
Williams %R (14): -3.85
Chande Momentum Oscillator (20): 0.000129
Repulse (5,40,3): 2.2989
ROCnROLL: 1
TRIX (15,9): -0.0055
Courbe Coppock: 8.05
MA7: 0.006866
MA20: 0.008086
MA50: 0.006905
MA100: 0.006841
MAexp7: 0.006537
MAexp20: 0.006474
MAexp50: 0.006538
MAexp100: 0.006823
Price / MA7: -3.54%
Price / MA20: -18.09%
Price / MA50: -4.08%
Price / MA100: -3.19%
Price / MAexp7: +1.32%
Price / MAexp20: +2.30%
Price / MAexp50: +1.30%
Price / MAexp100: -2.93%

Quotes : 10/14/2022 - 02:06 - Real time data - Cryptocompare

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

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