RADIX - XRD/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	XRDUSD
ISIN:

RADIX - XRD/USD - 1H - Technical analysis published on 04/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.059284 USD

My targets

0.051278 USD (-10.58%)

0.045524 USD (-20.62%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RADIX - XRD/USD as long as the price remains well below 0.059284 USD. The sellers' bearish objective is set at 0.051278 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.045524 USD. In case of crossing, the next objective would be the support located at 0.045519 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

5.4

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

RADIX - XRD/USD rating 0.057346 USD. The price registered a decrease of -0.01% on the session and was traded between 0.054473 USD and 0.057463 USD over the period. The price is currently at +5.27% from its lowest and -0.20% from its highest.

0.054473

0.057463

0.057346

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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 this 1H chart of RADIX - XRD/USD indicates that the overall trend is strongly bearish. 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 scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.039161	0.045519	0.051278	0.057346	0.059284	0.067316	0.071181
Change (%)	-31.71%	-20.62%	-10.58%	-	+3.38%	+17.39%	+24.13%
Change	-0.018185	-0.011827	-0.006068	-	+0.001938	+0.009970	+0.013835
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.040286	0.045697	0.051525	0.056936	0.062764	0.068175	0.074003
Camarilla	0.054261	0.055292	0.056322	0.057352	0.058382	0.059413	0.060443
Woodie	0.040494	0.045801	0.051733	0.057040	0.062972	0.068279	0.074211
Fibonacci	0.045697	0.049991	0.052643	0.056936	0.061230	0.063882	0.068175

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.017392	0.033696	0.045524	0.061828	0.073656	0.089960	0.101788
Camarilla	0.049616	0.052195	0.054773	0.057352	0.059931	0.062510	0.065088
Woodie	0.015154	0.032577	0.043286	0.060709	0.071418	0.088841	0.099550
Fibonacci	0.033696	0.044442	0.051082	0.061828	0.072574	0.079214	0.089960

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.019750	0.003125	0.039850	0.062725	0.099450	0.122325	0.159050
Camarilla	0.060185	0.065648	0.071112	0.076575	0.082038	0.087502	0.092965
Woodie	-0.012825	0.006588	0.046775	0.066188	0.106375	0.125788	0.165975
Fibonacci	0.003125	0.025892	0.039958	0.062725	0.085492	0.099558	0.122325

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):	42.01
MACD (12,26,9):	-0.0017
Directional Movement:	-26.689728
AROON (14):	-35.714286
DEMA (21):	0.055905
Parabolic SAR (0,02-0,02-0,2):	0.058765
Elder Ray (13):	-0.000385
Super Trend (3,10):	0.052986
Zig ZAG (10):	0.057299
VORTEX (21):	1.1056
Stochastique (14,3,5):	53.93
TEMA (21):	0.056074
Williams %R (14):	-37.36
Chande Momentum Oscillator (20):	-0.003506
Repulse (5,40,3):	2.6711
ROCnROLL:	-1
TRIX (15,9):	-0.4132
Courbe Coppock:	11.51

MA7:	0.066557
MA20:	0.071464
MA50:	0.060767
MA100:	0.051589
MAexp7:	0.056989
MAexp20:	0.058190
MAexp50:	0.061419
MAexp100:	0.064728
Price / MA7:	-13.84%
Price / MA20:	-19.76%
Price / MA50:	-5.63%
Price / MA100:	+11.16%
Price / MAexp7:	+0.63%
Price / MAexp20:	-1.45%
Price / MAexp50:	-6.63%
Price / MAexp100:	-11.40%

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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