XDC NETWORK - XDC/USD - 1H - Technical analysis published on 04/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.039943 USD
My targets
0.037576 USD (-2.97%)
0.036437 USD (-5.91%)
My analysis
XDC NETWORK - XDC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.039943 USD. The next support located at 0.037576 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.036437 USD. Below this support, sellers could then target 0.035587 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5
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Additional analysis
Quotes
The XDC NETWORK - XDC/USD rating is 0.038726 USD. The price registered a decrease of -0.13% on the session with the lowest point at 0.038576 USD and the highest point at 0.038911 USD. The deviation from the price is +0.39% for the low point and -0.48% for the high point.0.038576
0.038911
0.038726
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of XDC NETWORK - XDC/USD indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.036437 | 0.037576 | 0.038529 | 0.038726 | 0.039943 | 0.041044 | 0.041630 |
| Change (%) | -5.91% | -2.97% | -0.51% | - | +3.14% | +5.99% | +7.50% |
| Change | -0.002289 | -0.001150 | -0.000197 | - | +0.001217 | +0.002318 | +0.002904 |
| Level | Major | Minor | Intermediate | - | 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 | 0.037400 | 0.038031 | 0.038404 | 0.039035 | 0.039408 | 0.040039 | 0.040412 |
| Camarilla | 0.038502 | 0.038594 | 0.038686 | 0.038778 | 0.038870 | 0.038962 | 0.039054 |
| Woodie | 0.037272 | 0.037967 | 0.038276 | 0.038971 | 0.039280 | 0.039975 | 0.040284 |
| Fibonacci | 0.038031 | 0.038414 | 0.038651 | 0.039035 | 0.039418 | 0.039655 | 0.040039 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.030183 | 0.032885 | 0.036226 | 0.038928 | 0.042269 | 0.044971 | 0.048312 |
| Camarilla | 0.037905 | 0.038459 | 0.039013 | 0.039567 | 0.040121 | 0.040675 | 0.041229 |
| Woodie | 0.030503 | 0.033045 | 0.036546 | 0.039088 | 0.042589 | 0.045131 | 0.048632 |
| Fibonacci | 0.032885 | 0.035193 | 0.036620 | 0.038928 | 0.041236 | 0.042663 | 0.044971 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016739 | 0.029512 | 0.039666 | 0.052439 | 0.062593 | 0.075366 | 0.085520 |
| Camarilla | 0.043516 | 0.045618 | 0.047719 | 0.049821 | 0.051923 | 0.054024 | 0.056126 |
| Woodie | 0.015431 | 0.028857 | 0.038358 | 0.051784 | 0.061285 | 0.074711 | 0.084212 |
| Fibonacci | 0.029512 | 0.038270 | 0.043681 | 0.052439 | 0.061197 | 0.066608 | 0.075366 |
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): | 41.18 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -18.910250 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.038734 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.038583 | |
| Elder Ray (13): | -0.000130 | |
| Super Trend (3,10): | 0.039063 | |
| Zig ZAG (10): | 0.038669 | |
| VORTEX (21): | 0.8258 | |
| Stochastique (14,3,5): | 35.06 | |
| TEMA (21): | 0.038694 | |
| Williams %R (14): | -63.88 | |
| Chande Momentum Oscillator (20): | -0.000037 | |
| Repulse (5,40,3): | -0.2006 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0404 | |
| Courbe Coppock: | 0.98 |
| MA7: | 0.038408 | |
| MA20: | 0.041151 | |
| MA50: | 0.044906 | |
| MA100: | 0.044476 | |
| MAexp7: | 0.038784 | |
| MAexp20: | 0.038877 | |
| MAexp50: | 0.038975 | |
| MAexp100: | 0.038855 | |
| Price / MA7: | +0.83% | |
| Price / MA20: | -5.89% | |
| Price / MA50: | -13.76% | |
| Price / MA100: | -12.93% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.39% | |
| Price / MAexp50: | -0.64% | |
| Price / MAexp100: | -0.33% |
Quotes :
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Real time data
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Cryptocompare
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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