RADIX - XRD/USD - 1H - Technical analysis published on 08/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.028052 USD
My targets
0.030917 USD (+9.25%)
0.033532 USD (+18.50%)
My analysis
The bullish trend is currently very strong on RADIX - XRD/USD. As long as the price remains above the support at 0.028052 USD, you could try to benefit from the boom. The first bullish objective is located at 0.030917 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.033532 USD as an objective. Crossing it would then enable buyers to target 0.039038 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RADIX - XRD/USD rating 0.028298 USD. The price is lower by -0.01% since the last closing and was traded between 0.028087 USD and 0.028368 USD over the period. The price is currently at +0.75% from its lowest and -0.25% from its highest.0.028087
0.028368
0.028298
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 bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.025399 | 0.027408 | 0.028052 | 0.028298 | 0.039038 | 0.051411 | 0.067316 |
| Change (%) | -10.24% | -3.15% | -0.87% | - | +37.95% | +81.68% | +137.88% |
| Change | -0.002899 | -0.000890 | -0.000246 | - | +0.010740 | +0.023113 | +0.039018 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Minor |
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 | 0.027481 | 0.027654 | 0.027977 | 0.028150 | 0.028473 | 0.028646 | 0.028969 |
| Camarilla | 0.028165 | 0.028210 | 0.028256 | 0.028301 | 0.028347 | 0.028392 | 0.028437 |
| Woodie | 0.027557 | 0.027692 | 0.028053 | 0.028188 | 0.028549 | 0.028684 | 0.029045 |
| Fibonacci | 0.027654 | 0.027843 | 0.027960 | 0.028150 | 0.028339 | 0.028456 | 0.028646 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015265 | 0.017880 | 0.023091 | 0.025706 | 0.030917 | 0.033532 | 0.038743 |
| Camarilla | 0.026149 | 0.026866 | 0.027584 | 0.028301 | 0.029018 | 0.029736 | 0.030453 |
| Woodie | 0.016562 | 0.018529 | 0.024388 | 0.026355 | 0.032214 | 0.034181 | 0.040040 |
| Fibonacci | 0.017880 | 0.020870 | 0.022717 | 0.025706 | 0.028696 | 0.030543 | 0.033532 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018573 | 0.022452 | 0.025177 | 0.029056 | 0.031781 | 0.035660 | 0.038385 |
| Camarilla | 0.026087 | 0.026692 | 0.027298 | 0.027903 | 0.028508 | 0.029114 | 0.029719 |
| Woodie | 0.017997 | 0.022164 | 0.024601 | 0.028768 | 0.031205 | 0.035372 | 0.037809 |
| Fibonacci | 0.022452 | 0.024974 | 0.026533 | 0.029056 | 0.031578 | 0.033137 | 0.035660 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.02 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 13.755420 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.028335 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.028087 | |
| Elder Ray (13): | 0.000026 | |
| Super Trend (3,10): | 0.027927 | |
| Zig ZAG (10): | 0.028226 | |
| VORTEX (21): | 1.0422 | |
| Stochastique (14,3,5): | 51.63 | |
| TEMA (21): | 0.028260 | |
| Williams %R (14): | -21.74 | |
| Chande Momentum Oscillator (20): | 0.000288 | |
| Repulse (5,40,3): | 0.1406 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0812 | |
| Courbe Coppock: | 0.89 |
| MA7: | 0.026443 | |
| MA20: | 0.026919 | |
| MA50: | 0.028296 | |
| MA100: | 0.034278 | |
| MAexp7: | 0.028232 | |
| MAexp20: | 0.028132 | |
| MAexp50: | 0.027697 | |
| MAexp100: | 0.026990 | |
| Price / MA7: | +7.02% | |
| Price / MA20: | +5.12% | |
| Price / MA50: | +0.01% | |
| Price / MA100: | -17.45% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.59% | |
| Price / MAexp50: | +2.17% | |
| Price / MAexp100: | +4.85% |
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.
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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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