RADIX - XRD/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	XRDUSD
ISIN:

RADIX - XRD/USD - Daily - Technical analysis published on 09/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

56%

17%

28%

My opinion

Bullish above 0.052124 USD

My targets

0.065190 USD (+13.85%)

0.069300 USD (+21.03%)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for RADIX - XRD/USD as long as the price remains well above 0.052124 USD. The buyers' bullish objective is set at 0.065190 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.069300 USD. If there is any crossing, the next objective would be the resistance located at 0.084890 USD.

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

2.7

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 rating is 0.057260 USD. The price is lower by -0.12% since the last closing and was between 0.056830 USD and 0.059000 USD. This implies that the price is at +0.76% from its lowest and at -2.95% from its highest.

0.056830

0.059000

0.057260

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of RADIX - XRD/USD in Daily shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.036700	0.052124	0.057260	0.084890	0.113700	0.142100
Change (%)	-35.91%	-8.97%	-	+48.25%	+98.57%	+148.17%
Change	-0.020560	-0.005136	-	+0.027630	+0.056440	+0.084840
Level	Minor	Major	-	Minor	Minor	Major

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	0.050027	0.051903	0.054617	0.056493	0.059207	0.061083	0.063797
Camarilla	0.056068	0.056489	0.056909	0.057330	0.057751	0.058172	0.058592
Woodie	0.050445	0.052113	0.055035	0.056703	0.059625	0.061293	0.064215
Fibonacci	0.051903	0.053657	0.054740	0.056493	0.058247	0.059330	0.061083

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.040750	0.045990	0.054520	0.059760	0.068290	0.073530	0.082060
Camarilla	0.059263	0.060526	0.061788	0.063050	0.064312	0.065575	0.066837
Woodie	0.042395	0.046813	0.056165	0.060583	0.069935	0.074353	0.083705
Fibonacci	0.045990	0.051250	0.054500	0.059760	0.065020	0.068270	0.073530

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.038250	0.044490	0.048600	0.054840	0.058950	0.065190	0.069300
Camarilla	0.049864	0.050813	0.051761	0.052710	0.053659	0.054608	0.055556
Woodie	0.037185	0.043958	0.047535	0.054308	0.057885	0.064658	0.068235
Fibonacci	0.044490	0.048444	0.050886	0.054840	0.058794	0.061236	0.065190

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):	54.09
MACD (12,26,9):	0.0009
Directional Movement:	13.755718
AROON (14):	35.714285
DEMA (21):	0.056589
Parabolic SAR (0,02-0,02-0,2):	0.053513
Elder Ray (13):	0.001652
Super Trend (3,10):	0.065287
Zig ZAG (10):	0.057260
VORTEX (21):	1.0515
Stochastique (14,3,5):	38.10
TEMA (21):	0.057823
Williams %R (14):	-57.81
Chande Momentum Oscillator (20):	0.004960
Repulse (5,40,3):	-1.9340
ROCnROLL:	1
TRIX (15,9):	0.1181
Courbe Coppock:	16.21

MA7:	0.058031
MA20:	0.054785
MA50:	0.054602
MA100:	0.058721
MAexp7:	0.056968
MAexp20:	0.055702
MAexp50:	0.056015
MAexp100:	0.058154
Price / MA7:	-1.33%
Price / MA20:	+4.52%
Price / MA50:	+4.87%
Price / MA100:	-2.49%
Price / MAexp7:	+0.51%
Price / MAexp20:	+2.80%
Price / MAexp50:	+2.22%
Price / MAexp100:	-1.54%

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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