RESERVE RIGHTS - RSR/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	RSRUSD
ISIN:

RESERVE RIGHTS - RSR/USD - 1H - Technical analysis published on 12/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

11%

My opinion

Bullish above 0.018151 USD

My targets

0.019512 USD (+1.76%)

0.023871 USD (+24.50%)

My analysis

RESERVE RIGHTS - RSR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.018151 USD. The next resistance located at 0.019512 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.023871 USD. After this resistance, buyers could then target 0.026986 USD.

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

6.1

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 RESERVE RIGHTS - RSR/USD rating is 0.019174 USD. The price has increased by +5.67% since the last closing with the lowest point at 0.017932 USD and the highest point at 0.019768 USD. The deviation from the price is +6.93% for the low point and -3.00% for the high point.

0.017932

0.019768

0.019174

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 for higher/lower results shows an item:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on RESERVE RIGHTS - RSR/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of RESERVE RIGHTS - RSR/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

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:

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 this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.008327	0.016634	0.018151	0.019174	0.019512	0.023871	0.026986
Change (%)	-56.57%	-13.25%	-5.34%	-	+1.76%	+24.50%	+40.74%
Change	-0.010847	-0.002540	-0.001023	-	+0.000338	+0.004697	+0.007812
Level	Major	Minor	Minor	-	Intermediate	Minor	Major

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	0.014437	0.015535	0.016841	0.017939	0.019245	0.020343	0.021649
Camarilla	0.017485	0.017705	0.017926	0.018146	0.018366	0.018587	0.018807
Woodie	0.014540	0.015587	0.016944	0.017991	0.019348	0.020395	0.021752
Fibonacci	0.015535	0.016454	0.017021	0.017939	0.018858	0.019425	0.020343

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.005994	0.006823	0.008341	0.009170	0.010688	0.011517	0.013035
Camarilla	0.009213	0.009428	0.009643	0.009858	0.010073	0.010288	0.010503
Woodie	0.006338	0.006995	0.008685	0.009342	0.011032	0.011689	0.013379
Fibonacci	0.006823	0.007720	0.008274	0.009170	0.010067	0.010621	0.011517

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.002184	0.003775	0.006817	0.008408	0.011450	0.013041	0.016083
Camarilla	0.008584	0.009009	0.009433	0.009858	0.010283	0.010707	0.011132
Woodie	0.002909	0.004138	0.007542	0.008771	0.012175	0.013404	0.016808
Fibonacci	0.003775	0.005545	0.006639	0.008408	0.010178	0.011272	0.013041

Numerical data

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

Technical indicators

Moving averages

RSI (14):	62.43
MACD (12,26,9):	0.0002
Directional Movement:	20.066026
AROON (14):	100.000000
DEMA (21):	0.018116
Parabolic SAR (0,02-0,02-0,2):	0.017968
Elder Ray (13):	0.001133
Super Trend (3,10):	0.017630
Zig ZAG (10):	0.019000
VORTEX (21):	1.1021
Stochastique (14,3,5):	80.74
TEMA (21):	0.018776
Williams %R (14):	-23.74
Chande Momentum Oscillator (20):	0.002226
Repulse (5,40,3):	-0.4002
ROCnROLL:	1
TRIX (15,9):	-0.0616
Courbe Coppock:	18.56

MA7:	0.017573
MA20:	0.011685
MA50:	0.008728
MA100:	0.007491
MAexp7:	0.018661
MAexp20:	0.018060
MAexp50:	0.018157
MAexp100:	0.017352
Price / MA7:	+9.11%
Price / MA20:	+64.09%
Price / MA50:	+119.68%
Price / MA100:	+155.96%
Price / MAexp7:	+2.75%
Price / MAexp20:	+6.17%
Price / MAexp50:	+5.60%
Price / MAexp100:	+10.50%

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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