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MULTIVERSX - EGLD/USD
MULTIVERSX - EGLD/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: EGLDUSD
ISIN:

MULTIVERSX - EGLD/USD - 1H - Technical analysis published on 12/03/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 48.12 USD
My targets
52.30 USD (+4.77%)
54.64 USD (+9.46%)
My analysis
The bullish trend is currently very strong on EGOLD - EGLD/USD. As long as the price remains above the support at 48.12 USD, you could try to benefit from the boom. The first bullish objective is located at 52.30 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 54.64 USD as an objective. Crossing it would then enable buyers to target 126.61 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.9

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.

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15 min. Daily Weekly

Additional analysis

Quotes

The EGOLD - EGLD/USD rating is 49.92 USD. On the day, this instrument gained +7.52% and was between 45.90 USD and 53.18 USD. This implies that the price is at +8.76% from its lowest and at -6.13% from its highest.

45.90
53.18
49.92

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on EGOLD - EGLD/USD were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of EGOLD - EGLD/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 46.72 47.43 48.12 49.92 126.61 237.36 491.12
Change (%) -6.41% -4.99% -3.61% - +153.63% +375.48% +883.81%
Change -3.20 -2.49 -1.80 - +76.69 +187.44 +441.20
Level Minor Intermediate Intermediate - Minor Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.0544.6045.5146.0646.9747.5248.43
Camarilla46.0346.1646.3046.4346.5646.7046.83
Woodie44.2444.6945.7046.1547.1647.6148.62
Fibonacci44.6045.1545.5046.0646.6146.9647.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.2240.7343.5845.0947.9449.4552.30
Camarilla45.2345.6346.0346.4346.8347.2347.63
Woodie39.8941.0744.2545.4348.6149.7952.97
Fibonacci40.7342.4043.4245.0946.7647.7849.45


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.2218.3930.9342.1054.6465.8178.35
Camarilla36.9539.1241.3043.4745.6447.8249.99
Woodie7.9118.7331.6242.4455.3366.1579.04
Fibonacci18.3927.4533.0442.1051.1656.7565.81

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): 78.93
MACD (12,26,9): 0.8100
Directional Movement: 53.64
AROON (14): 71.42
DEMA (21): 48.28
Parabolic SAR (0,02-0,02-0,2): 47.11
Elder Ray (13): 1.76
Super Trend (3,10): 47.18
Zig ZAG (10): 49.61
VORTEX (21): 1.2200
Stochastique (14,3,5): 50.32
TEMA (21): 48.74
Williams %R (14): -48.49
Chande Momentum Oscillator (20): 3.75
Repulse (5,40,3): 1.6700
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 8.66
MA7: 45.20
MA20: 44.91
MA50: 37.91
MA100: 31.30
MAexp7: 48.49
MAexp20: 47.33
MAexp50: 46.30
MAexp100: 45.49
Price / MA7: +10.44%
Price / MA20: +11.16%
Price / MA50: +31.68%
Price / MA100: +59.49%
Price / MAexp7: +2.95%
Price / MAexp20: +5.47%
Price / MAexp50: +7.82%
Price / MAexp100: +9.74%

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
Londinia AI

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