RADIX - XRD/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRDUSD
ISIN:

RADIX - XRD/USD - Daily - Technical analysis published on 07/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 0.068030 USD

My targets

0.049610 USD (-11.93%)

0.045200 USD (-19.76%)

My analysis

RADIX - XRD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.068030 USD. The next support located at 0.049610 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.045200 USD. Below this support, sellers could then target 0.036647 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

7.7

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

RADIX - XRD/USD rating 0.056330 USD. The price registered a decrease of -0.30% on the session and was between 0.056000 USD and 0.056500 USD. This implies that the price is at +0.59% from its lowest and at -0.30% from its highest.

0.056000

0.056500

0.056330

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.036647	0.045200	0.055381	0.056330	0.084890	0.113700	0.142100
Change (%)	-34.94%	-19.76%	-1.68%	-	+50.70%	+101.85%	+152.26%
Change	-0.019683	-0.011130	-0.000949	-	+0.028560	+0.057370	+0.085770
Level	Minor	Minor	Major	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.054017	0.055133	0.055817	0.056933	0.057617	0.058733	0.059417
Camarilla	0.056005	0.056170	0.056335	0.056500	0.056665	0.056830	0.056995
Woodie	0.053800	0.055025	0.055600	0.056825	0.057400	0.058625	0.059200
Fibonacci	0.055133	0.055821	0.056246	0.056933	0.057621	0.058046	0.058733

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.047160	0.051580	0.054960	0.059380	0.062760	0.067180	0.070560
Camarilla	0.056195	0.056910	0.057625	0.058340	0.059055	0.059770	0.060485
Woodie	0.046640	0.051320	0.054440	0.059120	0.062240	0.066920	0.070040
Fibonacci	0.051580	0.054560	0.056400	0.059380	0.062360	0.064200	0.067180

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.22
MACD (12,26,9):	-0.0019
Directional Movement:	-1.471537
AROON (14):	-71.428572
DEMA (21):	0.056709
Parabolic SAR (0,02-0,02-0,2):	0.064023
Elder Ray (13):	-0.001948
Super Trend (3,10):	0.066617
Zig ZAG (10):	0.056090
VORTEX (21):	0.9964
Stochastique (14,3,5):	6.81
TEMA (21):	0.056339
Williams %R (14):	-97.22
Chande Momentum Oscillator (20):	-0.007450
Repulse (5,40,3):	-2.9426
ROCnROLL:	2
TRIX (15,9):	-0.3920
Courbe Coppock:	10.39

MA7:	0.056931
MA20:	0.059153
MA50:	0.062337
MA100:	0.071650
MAexp7:	0.057183
MAexp20:	0.059209
MAexp50:	0.062476
MAexp100:	0.063689
Price / MA7:	-1.06%
Price / MA20:	-4.77%
Price / MA50:	-9.64%
Price / MA100:	-21.38%
Price / MAexp7:	-1.49%
Price / MAexp20:	-4.86%
Price / MAexp50:	-9.84%
Price / MAexp100:	-11.55%

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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