VERUSCOIN - VRSC/USD - 1H - Technical analysis published on 04/02/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 3.94 USD
My targets
3.38 USD (-3.43%)
3.18 USD (-9.14%)
My analysis
The bearish trend is currently very strong for VERUSCOIN - VRSC/USD. As long as the price remains below the resistance at 3.94 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.38 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.18 USD as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.8
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
VERUSCOIN - VRSC/USD rating 3.50 USD. The price has increased by +1.45% since the last closing with the lowest point at 3.44 USD and the highest point at 3.50 USD. The deviation from the price is +1.74% for the low point and 0% for the high point.3.44
3.50
3.50
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this VERUSCOIN - VRSC/USD chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being 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 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.18 | 3.38 | 3.50 | 3.52 | 3.94 | 4.14 |
| Change (%) | -9.14% | -3.43% | - | +0.57% | +12.57% | +18.29% |
| Change | -0.32 | -0.12 | - | +0.02 | +0.44 | +0.64 |
| Level | Intermediate | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.09 | 3.26 | 3.36 | 3.53 | 3.63 | 3.80 | 3.90 |
| Camarilla | 3.38 | 3.40 | 3.43 | 3.45 | 3.48 | 3.50 | 3.52 |
| Woodie | 3.05 | 3.24 | 3.32 | 3.51 | 3.59 | 3.78 | 3.86 |
| Fibonacci | 3.26 | 3.37 | 3.43 | 3.53 | 3.64 | 3.70 | 3.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.20 | 2.87 | 3.29 | 3.96 | 4.38 | 5.05 | 5.47 |
| Camarilla | 3.42 | 3.52 | 3.62 | 3.72 | 3.82 | 3.92 | 4.02 |
| Woodie | 2.09 | 2.81 | 3.18 | 3.90 | 4.27 | 4.99 | 5.36 |
| Fibonacci | 2.87 | 3.28 | 3.54 | 3.96 | 4.37 | 4.63 | 5.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.65 | 1.91 | 2.79 | 4.05 | 4.93 | 6.19 | 7.07 |
| Camarilla | 3.07 | 3.27 | 3.46 | 3.66 | 3.86 | 4.05 | 4.25 |
| Woodie | 0.45 | 1.82 | 2.59 | 3.96 | 4.73 | 6.10 | 6.87 |
| Fibonacci | 1.91 | 2.73 | 3.24 | 4.05 | 4.87 | 5.38 | 6.19 |
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): | 38.72 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -24.60 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 3.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.71 | |
| Elder Ray (13): | -0.15 | |
| Super Trend (3,10): | 3.61 | |
| Zig ZAG (10): | 3.45 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 34.09 | |
| TEMA (21): | 3.59 | |
| Williams %R (14): | -96.52 | |
| Chande Momentum Oscillator (20): | -0.16 | |
| Repulse (5,40,3): | -1.4800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.97 |
| MA7: | 3.75 | |
| MA20: | 3.89 | |
| MA50: | 4.54 | |
| MA100: | 4.66 | |
| MAexp7: | 3.57 | |
| MAexp20: | 3.59 | |
| MAexp50: | 3.60 | |
| MAexp100: | 3.67 | |
| Price / MA7: | -6.67% | |
| Price / MA20: | -10.03% | |
| Price / MA50: | -22.91% | |
| Price / MA100: | -24.89% | |
| Price / MAexp7: | -1.96% | |
| Price / MAexp20: | -2.51% | |
| Price / MAexp50: | -2.78% | |
| Price / MAexp100: | -4.63% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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