XDC NETWORK - XDC/USD

- USD (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	XDCUSD
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XDC NETWORK - XDC/USD - Daily - Technical analysis published on 11/30/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 0.024647 USD

My targets

0.020200 USD (-11.44%)

0.005286 USD (-76.83%)

My analysis

The bearish trend is currently very strong for XINFIN NETWORK - XDC/USD. As long as the price remains below the resistance at 0.024647 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.020200 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.005286 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

7.3

Comment on the analysis

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

The XINFIN NETWORK - XDC/USD rating is 0.022810 USD. The price is lower by -0.18% since the last closing and was between 0.022690 USD and 0.022940 USD. This implies that the price is at +0.53% from its lowest and at -0.57% from its highest.

0.022690

0.022940

0.022810

Here is a more detailed summary of the historical variations registered by XINFIN NETWORK - XDC/USD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of XINFIN NETWORK - XDC/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.005286	0.022810	0.024647	0.027678	0.029802
Change (%)	-76.83%	-	+8.05%	+21.34%	+30.65%
Change	-0.017524	-	+0.001837	+0.004868	+0.006992
Level	Intermediate	-	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	0.021927	0.022243	0.022547	0.022863	0.023167	0.023483	0.023787
Camarilla	0.022680	0.022736	0.022793	0.022850	0.022907	0.022964	0.023021
Woodie	0.021920	0.022240	0.022540	0.022860	0.023160	0.023480	0.023780
Fibonacci	0.022243	0.022480	0.022627	0.022863	0.023100	0.023247	0.023483

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.020200	0.021820	0.022980	0.024600	0.025760	0.027380	0.028540
Camarilla	0.023376	0.023630	0.023885	0.024140	0.024395	0.024650	0.024905
Woodie	0.019970	0.021705	0.022750	0.024485	0.025530	0.027265	0.028310
Fibonacci	0.021820	0.022882	0.023538	0.024600	0.025662	0.026318	0.027380

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.027507	0.028773	0.029817	0.031083	0.032127	0.033393	0.034437
Camarilla	0.030225	0.030437	0.030648	0.030860	0.031072	0.031284	0.031495
Woodie	0.027395	0.028718	0.029705	0.031028	0.032015	0.033338	0.034325
Fibonacci	0.028773	0.029656	0.030201	0.031083	0.031966	0.032511	0.033393

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):	27.40
MACD (12,26,9):	-0.0015
Directional Movement:	-34.966112
AROON (14):	-71.428572
DEMA (21):	0.023005
Parabolic SAR (0,02-0,02-0,2):	0.023852
Elder Ray (13):	-0.001374
Super Trend (3,10):	0.024995
Zig ZAG (10):	0.022810
VORTEX (21):	0.8168
Stochastique (14,3,5):	4.86
TEMA (21):	0.022537
Williams %R (14):	-93.24
Chande Momentum Oscillator (20):	-0.002870
Repulse (5,40,3):	-3.4739
ROCnROLL:	2
TRIX (15,9):	-0.7754
Courbe Coppock:	17.93

MA7:	0.023624
MA20:	0.024760
MA50:	0.028317
MA100:	0.028457
MAexp7:	0.023496
MAexp20:	0.024970
MAexp50:	0.027090
MAexp100:	0.029008
Price / MA7:	-3.45%
Price / MA20:	-7.88%
Price / MA50:	-19.45%
Price / MA100:	-19.84%
Price / MAexp7:	-2.92%
Price / MAexp20:	-8.65%
Price / MAexp50:	-15.80%
Price / MAexp100:	-21.37%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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