XDC NETWORK - XDC/USD - 1H - Technical analysis published on 01/27/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.044993 USD
My targets
0.045825 USD (+0.99%)
0.046678 USD (+2.87%)
My analysis
XINFIN NETWORK - XDC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.044993 USD. The next resistance located at 0.045825 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.046678 USD. After this resistance, buyers could then target 0.047327 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
XINFIN NETWORK - XDC/USD rating 0.045374 USD. On the day, this instrument lost -0.15% with the lowest point at 0.045281 USD and the highest point at 0.045442 USD. The deviation from the price is +0.21% for the low point and -0.15% for the high point.0.045281
0.045442
0.045374
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this XINFIN NETWORK - XDC/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.043991 | 0.044540 | 0.044993 | 0.045374 | 0.045825 | 0.046678 | 0.047327 |
| Change (%) | -3.05% | -1.84% | -0.84% | - | +0.99% | +2.87% | +4.30% |
| Change | -0.001383 | -0.000834 | -0.000381 | - | +0.000451 | +0.001304 | +0.001953 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042984 | 0.043475 | 0.044459 | 0.044950 | 0.045934 | 0.046425 | 0.047409 |
| Camarilla | 0.045036 | 0.045172 | 0.045307 | 0.045442 | 0.045577 | 0.045712 | 0.045848 |
| Woodie | 0.043230 | 0.043598 | 0.044705 | 0.045073 | 0.046180 | 0.046548 | 0.047655 |
| Fibonacci | 0.043475 | 0.044039 | 0.044387 | 0.044950 | 0.045514 | 0.045862 | 0.046425 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042154 | 0.044410 | 0.045777 | 0.048033 | 0.049400 | 0.051656 | 0.053023 |
| Camarilla | 0.046147 | 0.046479 | 0.046811 | 0.047143 | 0.047475 | 0.047807 | 0.048139 |
| Woodie | 0.041709 | 0.044188 | 0.045332 | 0.047811 | 0.048955 | 0.051434 | 0.052578 |
| Fibonacci | 0.044410 | 0.045794 | 0.046649 | 0.048033 | 0.049417 | 0.050272 | 0.051656 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035373 | 0.041069 | 0.049650 | 0.055346 | 0.063927 | 0.069623 | 0.078204 |
| Camarilla | 0.054306 | 0.055615 | 0.056923 | 0.058232 | 0.059541 | 0.060850 | 0.062158 |
| Woodie | 0.036817 | 0.041790 | 0.051094 | 0.056067 | 0.065371 | 0.070344 | 0.079648 |
| Fibonacci | 0.041069 | 0.046523 | 0.049892 | 0.055346 | 0.060800 | 0.064169 | 0.069623 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 71.89 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 18.145897 | |
| AROON (14): | -7.142857 | |
| DEMA (21): | 0.045453 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.045430 | |
| Elder Ray (13): | 0.000078 | |
| Super Trend (3,10): | 0.045226 | |
| Zig ZAG (10): | 0.045374 | |
| VORTEX (21): | 1.5884 | |
| Stochastique (14,3,5): | 56.64 | |
| TEMA (21): | 0.045480 | |
| Williams %R (14): | -41.88 | |
| Chande Momentum Oscillator (20): | 0.000059 | |
| Repulse (5,40,3): | 0.0724 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0691 | |
| Courbe Coppock: | 0.32 |
| MA7: | 0.045243 | |
| MA20: | 0.047819 | |
| MA50: | 0.049850 | |
| MA100: | 0.050414 | |
| MAexp7: | 0.045342 | |
| MAexp20: | 0.045191 | |
| MAexp50: | 0.044956 | |
| MAexp100: | 0.045049 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | -5.11% | |
| Price / MA50: | -8.98% | |
| Price / MA100: | -10.00% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | +0.93% | |
| Price / MAexp100: | +0.72% |
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.
About author
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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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