RARIBLE - RARI/USD - 1H - Technical analysis published on 04/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 3.81 USD
My targets
4.10 USD (+4.59%)
4.28 USD (+9.18%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on RARIBLE - RARI/USD as long as the price remains well above 3.81 USD. The buyers' bullish objective is set at 4.10 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.28 USD. If there is any crossing, the next objective would be the resistance located at 4.53 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.4
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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 RARIBLE - RARI/USD price is 3.92 USD. The price is lower by -0.25% since the last closing with the lowest point at 3.80 USD and the highest point at 4.00 USD. The deviation from the price is +3.16% for the low point and -2.00% for the high point.3.80
4.00
3.92
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of RARIBLE - RARI/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.20 | 3.50 | 3.81 | 3.92 | 4.10 | 4.28 | 4.53 |
| Change (%) | -18.37% | -10.71% | -2.81% | - | +4.59% | +9.18% | +15.56% |
| Change | -0.72 | -0.42 | -0.11 | - | +0.18 | +0.36 | +0.61 |
| Level | Minor | Major | Intermediate | - | Major | Minor | 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 | 3.32 | 3.45 | 3.69 | 3.82 | 4.06 | 4.19 | 4.43 |
| Camarilla | 3.83 | 3.86 | 3.90 | 3.93 | 3.96 | 4.00 | 4.03 |
| Woodie | 3.38 | 3.48 | 3.75 | 3.85 | 4.12 | 4.22 | 4.49 |
| Fibonacci | 3.45 | 3.59 | 3.68 | 3.82 | 3.96 | 4.05 | 4.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.75 | 2.48 | 3.48 | 4.21 | 5.21 | 5.94 | 6.94 |
| Camarilla | 4.01 | 4.17 | 4.33 | 4.49 | 4.65 | 4.81 | 4.97 |
| Woodie | 1.90 | 2.55 | 3.63 | 4.28 | 5.36 | 6.01 | 7.09 |
| Fibonacci | 2.48 | 3.14 | 3.55 | 4.21 | 4.87 | 5.28 | 5.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.49 | 0.15 | 2.18 | 3.82 | 5.85 | 7.49 | 9.52 |
| Camarilla | 3.20 | 3.54 | 3.87 | 4.21 | 4.55 | 4.88 | 5.22 |
| Woodie | -1.30 | 0.25 | 2.38 | 3.92 | 6.05 | 7.59 | 9.72 |
| Fibonacci | 0.15 | 1.55 | 2.42 | 3.82 | 5.22 | 6.09 | 7.49 |
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): | 61.21 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 13.00 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 3.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.88 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 3.73 | |
| Zig ZAG (10): | 3.90 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 78.15 | |
| TEMA (21): | 3.94 | |
| Williams %R (14): | -24.29 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 0.6900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 9.74 |
| MA7: | 4.02 | |
| MA20: | 4.48 | |
| MA50: | 3.62 | |
| MA100: | 2.56 | |
| MAexp7: | 3.90 | |
| MAexp20: | 3.85 | |
| MAexp50: | 3.84 | |
| MAexp100: | 3.89 | |
| Price / MA7: | -2.49% | |
| Price / MA20: | -12.50% | |
| Price / MA50: | +8.29% | |
| Price / MA100: | +53.13% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +1.82% | |
| Price / MAexp50: | +2.08% | |
| Price / MAexp100: | +0.77% |
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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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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