XDC NETWORK - XDC/USD - Daily - Technical analysis published on 12/13/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.022640 USD
My targets
0.016927 USD (-20.12%)
0.011293 USD (-46.70%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on XINFIN NETWORK - XDC/USD as long as the price remains well below 0.022640 USD. The sellers' bearish objective is set at 0.016927 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.011293 USD. In case of crossing, the next objective would be the support located at 0.005286 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
XINFIN NETWORK - XDC/USD rating 0.021190 USD. The price is lower by -0.05% since the last closing and was between 0.021190 USD and 0.021200 USD. This implies that the price is at 0% from its lowest and at -0.05% from its highest.0.021190
0.021200
0.021190
Here is a more detailed summary of the historical variations registered by XINFIN NETWORK - XDC/USD:
Technical
Technical analysis of this Daily chart of XINFIN NETWORK - XDC/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.005286 | 0.021190 | 0.024647 | 0.027678 | 0.031632 |
| Change (%) | -75.05% | - | +16.31% | +30.62% | +49.28% |
| Change | -0.015904 | - | +0.003457 | +0.006488 | +0.010442 |
| Level | Intermediate | - | Minor | Intermediate | 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 | 0.020213 | 0.020627 | 0.020913 | 0.021327 | 0.021613 | 0.022027 | 0.022313 |
| Camarilla | 0.021008 | 0.021072 | 0.021136 | 0.021200 | 0.021264 | 0.021328 | 0.021393 |
| Woodie | 0.020150 | 0.020595 | 0.020850 | 0.021295 | 0.021550 | 0.021995 | 0.022250 |
| Fibonacci | 0.020627 | 0.020894 | 0.021059 | 0.021327 | 0.021594 | 0.021759 | 0.022027 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018600 | 0.019360 | 0.020620 | 0.021380 | 0.022640 | 0.023400 | 0.024660 |
| Camarilla | 0.021325 | 0.021510 | 0.021695 | 0.021880 | 0.022065 | 0.022250 | 0.022436 |
| Woodie | 0.018850 | 0.019485 | 0.020870 | 0.021505 | 0.022890 | 0.023525 | 0.024910 |
| Fibonacci | 0.019360 | 0.020132 | 0.020608 | 0.021380 | 0.022152 | 0.022628 | 0.023400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011293 | 0.016927 | 0.019833 | 0.025467 | 0.028373 | 0.034007 | 0.036913 |
| Camarilla | 0.020392 | 0.021174 | 0.021957 | 0.022740 | 0.023523 | 0.024306 | 0.025089 |
| Woodie | 0.009930 | 0.016245 | 0.018470 | 0.024785 | 0.027010 | 0.033325 | 0.035550 |
| Fibonacci | 0.016927 | 0.020189 | 0.022204 | 0.025467 | 0.028729 | 0.030744 | 0.034007 |
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): | 30.47 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -32.620505 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.020737 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.020385 | |
| Elder Ray (13): | -0.000688 | |
| Super Trend (3,10): | 0.022739 | |
| Zig ZAG (10): | 0.021200 | |
| VORTEX (21): | 0.7983 | |
| Stochastique (14,3,5): | 38.73 | |
| TEMA (21): | 0.020810 | |
| Williams %R (14): | -64.36 | |
| Chande Momentum Oscillator (20): | -0.001100 | |
| Repulse (5,40,3): | -2.1733 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8252 | |
| Courbe Coppock: | 16.43 |
| MA7: | 0.021456 | |
| MA20: | 0.022504 | |
| MA50: | 0.025981 | |
| MA100: | 0.027667 | |
| MAexp7: | 0.021509 | |
| MAexp20: | 0.022493 | |
| MAexp50: | 0.024870 | |
| MAexp100: | 0.027359 | |
| Price / MA7: | -1.24% | |
| Price / MA20: | -5.84% | |
| Price / MA50: | -18.44% | |
| Price / MA100: | -23.41% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -5.79% | |
| Price / MAexp50: | -14.80% | |
| Price / MAexp100: | -22.55% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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