RADIX - XRD/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	XRDUSD
ISIN:

RADIX - XRD/USD - Daily - Technical analysis published on 07/12/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

78%

11%

My opinion

Bearish under 0.060496 USD

My targets

0.049610 USD (-10.84%)

0.045200 USD (-18.76%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RADIX - XRD/USD as long as the price remains well below 0.060496 USD. The sellers' bearish objective is set at 0.049610 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.045200 USD. In case of crossing, the next objective would be the support located at 0.036647 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.1

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 RADIX - XRD/USD rating is 0.055640 USD. The price registered a decrease of -0.02% on the session and was between 0.054750 USD and 0.056190 USD. This implies that the price is at +1.63% from its lowest and at -0.98% from its highest.

0.054750

0.056190

0.055640

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this RADIX - XRD/USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.036647	0.045200	0.055640	0.060496	0.084890	0.113700
Change (%)	-34.14%	-18.76%	-	+8.73%	+52.57%	+104.35%
Change	-0.018993	-0.010440	-	+0.004856	+0.029250	+0.058060
Level	Minor	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	0.052020	0.053290	0.054470	0.055740	0.056920	0.058190	0.059370
Camarilla	0.054976	0.055201	0.055425	0.055650	0.055875	0.056099	0.056324
Woodie	0.051975	0.053268	0.054425	0.055718	0.056875	0.058168	0.059325
Fibonacci	0.053290	0.054226	0.054804	0.055740	0.056676	0.057254	0.058190

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.044747	0.050163	0.054127	0.059543	0.063507	0.068923	0.072887
Camarilla	0.055511	0.056370	0.057230	0.058090	0.058950	0.059810	0.060670
Woodie	0.044020	0.049800	0.053400	0.059180	0.062780	0.068560	0.072160
Fibonacci	0.050163	0.053747	0.055960	0.059543	0.063127	0.065340	0.068923

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.018160	0.036580	0.049610	0.068030	0.081060	0.099480	0.112510
Camarilla	0.053991	0.056874	0.059757	0.062640	0.065523	0.068406	0.071289
Woodie	0.015465	0.035233	0.046915	0.066683	0.078365	0.098133	0.109815
Fibonacci	0.036580	0.048594	0.056016	0.068030	0.080044	0.087466	0.099480

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):	39.05
MACD (12,26,9):	-0.0031
Directional Movement:	-11.948649
AROON (14):	-92.857143
DEMA (21):	0.057639
Parabolic SAR (0,02-0,02-0,2):	0.076549
Elder Ray (13):	-0.004056
Super Trend (3,10):	0.068426
Zig ZAG (10):	0.055300
VORTEX (21):	0.9578
Stochastique (14,3,5):	4.47
TEMA (21):	0.056044
Williams %R (14):	-94.83
Chande Momentum Oscillator (20):	-0.007340
Repulse (5,40,3):	-4.0389
ROCnROLL:	2
TRIX (15,9):	-0.4213
Courbe Coppock:	37.50

MA7:	0.056891
MA20:	0.064612
MA50:	0.064947
MA100:	0.072791
MAexp7:	0.057361
MAexp20:	0.061225
MAexp50:	0.065013
MAexp100:	0.065257
Price / MA7:	-2.20%
Price / MA20:	-13.89%
Price / MA50:	-14.33%
Price / MA100:	-23.56%
Price / MAexp7:	-3.00%
Price / MAexp20:	-9.12%
Price / MAexp50:	-14.42%
Price / MAexp100:	-14.74%

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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