MONERO - XMR/USD - 1H - Technical analysis published on 01/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 153.96 USD
My targets
158.05 USD (+0.82%)
159.43 USD (+1.70%)
My analysis
A bullish trend on MONERO - XMR/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 153.96 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 158.05 USD. Then the price could move towards 159.43 USD. Then 162.15 USD by extension. Be careful, a return below 153.96 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
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
The MONERO - XMR/USD rating is 156.77 USD. The price is lower by -0.03% since the last closing with the lowest point at 156.22 USD and the highest point at 156.92 USD. The deviation from the price is +0.35% for the low point and -0.10% for the high point.156.22
156.92
156.77
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MONERO - XMR/USD:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of MONERO - XMR/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 149.72 | 153.96 | 156.47 | 156.77 | 158.05 | 159.43 | 162.15 |
| Change (%) | -4.50% | -1.79% | -0.19% | - | +0.82% | +1.70% | +3.43% |
| Change | -7.05 | -2.81 | -0.30 | - | +1.28 | +2.66 | +5.38 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major | Intermediate |
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 | 151.58 | 153.72 | 155.27 | 157.41 | 158.96 | 161.10 | 162.65 |
| Camarilla | 155.81 | 156.14 | 156.48 | 156.82 | 157.16 | 157.50 | 157.84 |
| Woodie | 151.29 | 153.57 | 154.98 | 157.26 | 158.67 | 160.95 | 162.36 |
| Fibonacci | 153.72 | 155.13 | 156.00 | 157.41 | 158.82 | 159.69 | 161.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.02 | 143.01 | 149.92 | 156.91 | 163.82 | 170.81 | 177.72 |
| Camarilla | 153.00 | 154.27 | 155.55 | 156.82 | 158.09 | 159.37 | 160.64 |
| Woodie | 135.97 | 142.99 | 149.87 | 156.89 | 163.77 | 170.79 | 177.67 |
| Fibonacci | 143.01 | 148.32 | 151.60 | 156.91 | 162.22 | 165.50 | 170.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 140.15 | 151.29 | 158.24 | 169.38 | 176.33 | 187.47 | 194.42 |
| Camarilla | 160.21 | 161.86 | 163.52 | 165.18 | 166.84 | 168.50 | 170.16 |
| Woodie | 138.05 | 150.24 | 156.14 | 168.33 | 174.23 | 186.42 | 192.32 |
| Fibonacci | 151.29 | 158.20 | 162.47 | 169.38 | 176.29 | 180.56 | 187.47 |
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): | 49.20 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | -1.31 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 157.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 155.96 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 155.48 | |
| Zig ZAG (10): | 156.56 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 46.73 | |
| TEMA (21): | 156.79 | |
| Williams %R (14): | -68.79 | |
| Chande Momentum Oscillator (20): | 0.24 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.46 |
| MA7: | 156.76 | |
| MA20: | 155.34 | |
| MA50: | 164.92 | |
| MA100: | 164.55 | |
| MAexp7: | 156.72 | |
| MAexp20: | 156.74 | |
| MAexp50: | 156.35 | |
| MAexp100: | 156.18 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.92% | |
| Price / MA50: | -4.94% | |
| Price / MA100: | -4.73% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.38% |
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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