XDC NETWORK - XDC/USD - 1H - Technical analysis published on 11/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.053159 USD
My targets
0.056335 USD (+2.57%)
0.056928 USD (+3.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on XINFIN NETWORK - XDC/USD as long as the price remains well above 0.053159 USD. The buyers' bullish objective is set at 0.056335 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.056928 USD. If there is any crossing, the next objective would be the resistance located at 0.058304 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The XINFIN NETWORK - XDC/USD price is 0.054921 USD. The price is lower by -0.18% since the last closing and was traded between 0.054500 USD and 0.055149 USD over the period. The price is currently at +0.77% from its lowest and -0.41% from its highest.0.054500
0.055149
0.054921
Here is a more detailed summary of the historical variations registered by XINFIN NETWORK - XDC/USD:
Technical
A technical analysis in 1H of this XINFIN NETWORK - XDC/USD chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.051619 | 0.052384 | 0.053159 | 0.054921 | 0.055229 | 0.056335 | 0.056928 |
| Change (%) | -6.01% | -4.62% | -3.21% | - | +0.56% | +2.57% | +3.65% |
| Change | -0.003302 | -0.002537 | -0.001762 | - | +0.000308 | +0.001414 | +0.002007 |
| Level | Intermediate | Minor | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.053396 | 0.053769 | 0.054395 | 0.054768 | 0.055394 | 0.055767 | 0.056393 |
| Camarilla | 0.054746 | 0.054838 | 0.054929 | 0.055021 | 0.055113 | 0.055204 | 0.055296 |
| Woodie | 0.053523 | 0.053832 | 0.054522 | 0.054831 | 0.055521 | 0.055830 | 0.056520 |
| Fibonacci | 0.053769 | 0.054151 | 0.054386 | 0.054768 | 0.055150 | 0.055385 | 0.055767 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044157 | 0.047643 | 0.051332 | 0.054818 | 0.058507 | 0.061993 | 0.065682 |
| Camarilla | 0.053048 | 0.053706 | 0.054363 | 0.055021 | 0.055679 | 0.056336 | 0.056994 |
| Woodie | 0.044259 | 0.047694 | 0.051434 | 0.054869 | 0.058609 | 0.062044 | 0.065784 |
| Fibonacci | 0.047643 | 0.050384 | 0.052077 | 0.054818 | 0.057559 | 0.059252 | 0.061993 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014677 | 0.029790 | 0.041525 | 0.056638 | 0.068373 | 0.083486 | 0.095221 |
| Camarilla | 0.045878 | 0.048339 | 0.050800 | 0.053261 | 0.055722 | 0.058183 | 0.060644 |
| Woodie | 0.012989 | 0.028946 | 0.039837 | 0.055794 | 0.066685 | 0.082642 | 0.093533 |
| Fibonacci | 0.029790 | 0.040046 | 0.046382 | 0.056638 | 0.066894 | 0.073230 | 0.083486 |
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): | 52.97 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 5.266865 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.054927 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.054162 | |
| Elder Ray (13): | 0.000058 | |
| Super Trend (3,10): | 0.055287 | |
| Zig ZAG (10): | 0.054921 | |
| VORTEX (21): | 1.0628 | |
| Stochastique (14,3,5): | 62.51 | |
| TEMA (21): | 0.054903 | |
| Williams %R (14): | -35.13 | |
| Chande Momentum Oscillator (20): | 0.000317 | |
| Repulse (5,40,3): | -0.1385 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0161 | |
| Courbe Coppock: | 0.74 |
| MA7: | 0.055075 | |
| MA20: | 0.052053 | |
| MA50: | 0.050006 | |
| MA100: | 0.053814 | |
| MAexp7: | 0.054896 | |
| MAexp20: | 0.054830 | |
| MAexp50: | 0.054685 | |
| MAexp100: | 0.054515 | |
| Price / MA7: | -0.28% | |
| Price / MA20: | +5.51% | |
| Price / MA50: | +9.83% | |
| Price / MA100: | +2.06% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.74% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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