NEM - XEM/USD
NEM - XEM/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: XEMUSD
ISIN:

NEM - XEM/USD - 1H - Technical analysis published on 02/25/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 0.020206 USD
My targets
0.020046 USD (-0.18%)
0.017468 USD (-13.02%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NEM - XEM/USD. As long as you are under the resistance located at 0.020206 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.020046 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.017468 USD as an objective. Crossing it would then enable sellers to target 0.015075 USD. If the resistance 0.020206 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

NEM - XEM/USD rating 0.020082 USD. The price registered a decrease of -0.42% on the session and was between 0.018595 USD and 0.021134 USD. This implies that the price is at +8.00% from its lowest and at -4.98% from its highest.

0.018595
0.021134
0.020082

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

Central Gaps

Bullish opening

Type : Bullish

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 NEM - XEM/USD in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Dark cloud cover

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.015075 0.020082 0.020084 0.021107 0.021796
Change (%) -24.93% - +0.01% +5.10% +8.54%
Change -0.005007 - +0.000002 +0.001025 +0.001714
Level Major - 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
Standard0.0169240.0185280.0193470.0209510.0217700.0233740.024193
Camarilla0.0195010.0197230.0199450.0201670.0203890.0206110.020833
Woodie0.0165330.0183320.0189560.0207550.0213790.0231780.023802
Fibonacci0.0185280.0194530.0200250.0209510.0218760.0224480.023374


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0138160.0174680.0200460.0236980.0262760.0299280.032506
Camarilla0.0209100.0214810.0220520.0226230.0231940.0237650.024336
Woodie0.0132780.0172000.0195080.0234300.0257380.0296600.031968
Fibonacci0.0174680.0198480.0213190.0236980.0260780.0275490.029928


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0132720.0175130.0202060.0244470.0271400.0313810.034074
Camarilla0.0209930.0216290.0222640.0229000.0235360.0241710.024807
Woodie0.0124990.0171260.0194330.0240600.0263670.0309940.033301
Fibonacci0.0175130.0201620.0217980.0244470.0270960.0287320.031381

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): 51.88
MACD (12,26,9): -0.0002
Directional Movement: 5.674252
AROON (14): 50.000000
DEMA (21): 0.019276
Parabolic SAR (0,02-0,02-0,2): 0.018595
Elder Ray (13): 0.000327
Super Trend (3,10): 0.020618
Zig ZAG (10): 0.020032
VORTEX (21): 1.0432
Stochastique (14,3,5): 78.38
TEMA (21): 0.019530
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.001112
Repulse (5,40,3): 3.1383
ROCnROLL: -1
TRIX (15,9): -0.3065
Courbe Coppock: 0.82
MA7: 0.021964
MA20: 0.021358
MA50: 0.023111
MA100: 0.025692
MAexp7: 0.019692
MAexp20: 0.019669
MAexp50: 0.020381
MAexp100: 0.021110
Price / MA7: -8.57%
Price / MA20: -5.97%
Price / MA50: -13.11%
Price / MA100: -21.84%
Price / MAexp7: +1.98%
Price / MAexp20: +2.10%
Price / MAexp50: -1.47%
Price / MAexp100: -4.87%

Quotes : - Real time data - CoinMarketCap

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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