MONERO - XMR/USDT - 15 min. - Technical analysis published on 08/27/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 142.68 USDT
My targets
145.42 USDT (+0.76%)
147.84 USDT (+2.44%)
My analysis
The basic trend is bullish on MONERO - XMR/USDT and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 142.68 USDT. Sellers would then use the next support located at 140.26 USDT as an objective. Crossing it would then enable sellers to target 137.52 USDT. If there is a return to above the resistance located at 145.42 USDT, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 147.84 USDT and 150.58 USDT by extension.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8
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Additional analysis
Quotes
The MONERO - XMR/USDT price is 144.32 USDT. The price registered an increase of +0.92% on the session and was traded between 142.72 USDT and 145.10 USDT over the period. The price is currently at +1.12% from its lowest and -0.54% from its highest.142.72
145.10
144.32
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MONERO - XMR/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of MONERO - XMR/USDT indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 138.54 | 139.81 | 141.61 | 144.32 | 145.25 | 147.07 | 149.88 |
| Change (%) | -4.00% | -3.13% | -1.88% | - | +0.64% | +1.91% | +3.85% |
| Change | -5.78 | -4.51 | -2.71 | - | +0.93 | +2.75 | +5.56 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 135.10 | 137.52 | 140.26 | 142.68 | 145.42 | 147.84 | 150.58 |
| Camarilla | 141.59 | 142.06 | 142.54 | 143.01 | 143.48 | 143.96 | 144.43 |
| Woodie | 135.27 | 137.60 | 140.43 | 142.76 | 145.59 | 147.92 | 150.75 |
| Fibonacci | 137.52 | 139.49 | 140.71 | 142.68 | 144.65 | 145.87 | 147.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 121.72 | 128.72 | 135.87 | 142.87 | 150.02 | 157.02 | 164.17 |
| Camarilla | 139.12 | 140.42 | 141.71 | 143.01 | 144.31 | 145.60 | 146.90 |
| Woodie | 121.79 | 128.76 | 135.94 | 142.91 | 150.09 | 157.06 | 164.24 |
| Fibonacci | 128.72 | 134.13 | 137.47 | 142.87 | 148.28 | 151.62 | 157.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 140.41 | 148.16 | 154.69 | 162.44 | 168.97 | 176.72 | 183.25 |
| Camarilla | 157.29 | 158.60 | 159.91 | 161.22 | 162.53 | 163.84 | 165.15 |
| Woodie | 139.80 | 147.86 | 154.08 | 162.14 | 168.36 | 176.42 | 182.64 |
| Fibonacci | 148.16 | 153.62 | 156.99 | 162.44 | 167.90 | 171.27 | 176.72 |
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): | 50.87 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | -3.70 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 144.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 145.10 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 145.47 | |
| Zig ZAG (10): | 144.16 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 64.98 | |
| TEMA (21): | 144.62 | |
| Williams %R (14): | -74.04 | |
| Chande Momentum Oscillator (20): | -0.61 | |
| Repulse (5,40,3): | -0.3100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.37 |
| MA7: | 143.42 | |
| MA20: | 149.75 | |
| MA50: | 157.56 | |
| MA100: | 154.44 | |
| MAexp7: | 144.60 | |
| MAexp20: | 144.70 | |
| MAexp50: | 144.42 | |
| MAexp100: | 143.85 | |
| Price / MA7: | +0.63% | |
| Price / MA20: | -3.63% | |
| Price / MA50: | -8.40% | |
| Price / MA100: | -6.55% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.26% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.33% |
Quotes :
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Real time data
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