MONERO - XMR/USD - 1H - Technical analysis published on 05/25/2024 (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:
Neutral
Underlying:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 140.14 USD
My targets
142.14 USD (+0.75%)
144.09 USD (+2.13%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 140.14 USD remains possible. It is advisable to trade MONERO - XMR/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 140.14 USD. The next bullish objective for buyers is set at 142.14 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 144.09 USD. If there is any crossing, the next objective would be the resistance located at 159.59 USD. PS: if there is a bearish break in the support located at 140.14 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.6
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Additional analysis
Quotes
MONERO - XMR/USD rating 141.08 USD. The price registered a decrease of -0.04% on the session and was traded between 140.93 USD and 142.66 USD over the period. The price is currently at +0.11% from its lowest and -1.11% from its highest.140.93
142.66
141.08
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MONERO - XMR/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MONERO - XMR/USD in 1H shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 3 are bullish, 10 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 133.98 | 136.36 | 140.14 | 141.08 | 142.14 | 144.09 | 159.59 |
| Change (%) | -5.03% | -3.35% | -0.67% | - | +0.75% | +2.13% | +13.12% |
| Change | -7.10 | -4.72 | -0.94 | - | +1.06 | +3.01 | +18.51 |
| Level | Major | Intermediate | Minor | - | Minor | Intermediate | Minor |
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 | 131.66 | 134.64 | 137.88 | 140.86 | 144.10 | 147.08 | 150.32 |
| Camarilla | 139.42 | 139.99 | 140.56 | 141.13 | 141.70 | 142.27 | 142.84 |
| Woodie | 131.80 | 134.71 | 138.02 | 140.93 | 144.24 | 147.15 | 150.46 |
| Fibonacci | 134.64 | 137.01 | 138.48 | 140.86 | 143.23 | 144.70 | 147.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.21 | 127.24 | 131.72 | 134.75 | 139.23 | 142.26 | 146.74 |
| Camarilla | 134.15 | 134.83 | 135.52 | 136.21 | 136.90 | 137.59 | 138.28 |
| Woodie | 124.95 | 127.60 | 132.46 | 135.11 | 139.97 | 142.62 | 147.48 |
| Fibonacci | 127.24 | 130.11 | 131.88 | 134.75 | 137.62 | 139.39 | 142.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.00 | 87.24 | 103.34 | 121.58 | 137.68 | 155.92 | 172.02 |
| Camarilla | 110.00 | 113.14 | 116.29 | 119.44 | 122.59 | 125.74 | 128.88 |
| Woodie | 67.93 | 86.71 | 102.27 | 121.05 | 136.61 | 155.39 | 170.95 |
| Fibonacci | 87.24 | 100.36 | 108.46 | 121.58 | 134.70 | 142.80 | 155.92 |
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): | 51.65 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 5.26 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 141.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 143.20 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 139.80 | |
| Zig ZAG (10): | 141.58 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 35.67 | |
| TEMA (21): | 141.62 | |
| Williams %R (14): | -57.75 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.67 |
| MA7: | 137.95 | |
| MA20: | 134.64 | |
| MA50: | 128.36 | |
| MA100: | 131.96 | |
| MAexp7: | 141.59 | |
| MAexp20: | 141.52 | |
| MAexp50: | 140.77 | |
| MAexp100: | 139.57 | |
| Price / MA7: | +2.27% | |
| Price / MA20: | +4.78% | |
| Price / MA50: | +9.91% | |
| Price / MA100: | +6.91% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +1.08% |
Quotes :
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Real time data
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