RADIX - XRD/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRDUSD
ISIN:

RADIX - XRD/USD - Daily - Technical analysis published on 08/28/2023 (GMT)

Londinia

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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

28%

50%

22%

My opinion

Bearish under 0.061027 USD

My targets

0.042337 USD (-19.88%)

0.036647 USD (-30.65%)

My analysis

RADIX - XRD/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 0.061027 USD. The next support located at 0.042337 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 0.036647 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.8

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 RADIX - XRD/USD price is 0.052840 USD. On the day, this instrument lost -0.04% and was traded between 0.052460 USD and 0.053280 USD over the period. The price is currently at +0.72% from its lowest and -0.83% from its highest.

0.052460

0.053280

0.052840

Here is a more detailed summary of the historical variations registered by RADIX - XRD/USD:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this RADIX - XRD/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.036647	0.052413	0.052840	0.084890	0.113700	0.142100
Change (%)	-30.65%	-0.81%	-	+60.65%	+115.18%	+168.93%
Change	-0.016193	-0.000427	-	+0.032050	+0.060860	+0.089260
Level	Minor	Major	-	Minor	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	0.052120	0.052480	0.052670	0.053030	0.053220	0.053580	0.053770
Camarilla	0.052709	0.052759	0.052810	0.052860	0.052910	0.052961	0.053011
Woodie	0.052035	0.052438	0.052585	0.052988	0.053135	0.053538	0.053685
Fibonacci	0.052480	0.052690	0.052820	0.053030	0.053240	0.053370	0.053580

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.046933	0.049867	0.051583	0.054517	0.056233	0.059167	0.060883
Camarilla	0.052021	0.052448	0.052874	0.053300	0.053726	0.054153	0.054579
Woodie	0.046325	0.049563	0.050975	0.054213	0.055625	0.058863	0.060275
Fibonacci	0.049867	0.051643	0.052740	0.054517	0.056293	0.057390	0.059167

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.030113	0.042337	0.048803	0.061027	0.067493	0.079717	0.086183
Camarilla	0.050130	0.051844	0.053557	0.055270	0.056983	0.058697	0.060410
Woodie	0.027235	0.040898	0.045925	0.059588	0.064615	0.078278	0.083305
Fibonacci	0.042337	0.049476	0.053887	0.061027	0.068166	0.072577	0.079717

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):	43.31
MACD (12,26,9):	-0.0007
Directional Movement:	6.732949
AROON (14):	-14.285714
DEMA (21):	0.053067
Parabolic SAR (0,02-0,02-0,2):	0.060437
Elder Ray (13):	-0.000917
Super Trend (3,10):	0.057594
Zig ZAG (10):	0.052540
VORTEX (21):	1.0088
Stochastique (14,3,5):	9.91
TEMA (21):	0.053495
Williams %R (14):	-94.05
Chande Momentum Oscillator (20):	-0.003790
Repulse (5,40,3):	-2.9903
ROCnROLL:	2
TRIX (15,9):	-0.1750
Courbe Coppock:	3.83

MA7:	0.053710
MA20:	0.054220
MA50:	0.056036
MA100:	0.060954
MAexp7:	0.053407
MAexp20:	0.054137
MAexp50:	0.056417
MAexp100:	0.059176
Price / MA7:	-1.62%
Price / MA20:	-2.55%
Price / MA50:	-5.70%
Price / MA100:	-13.31%
Price / MAexp7:	-1.06%
Price / MAexp20:	-2.40%
Price / MAexp50:	-6.34%
Price / MAexp100:	-10.71%

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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