CRYPTO 0X - ZRX/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	ZRXUSD
ISIN:

CRYPTO 0X - ZRX/USD - 1H - Technical analysis published on 02/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.352620 USD

My targets

0.367010 USD (+1.37%)

0.384920 USD (+6.32%)

My analysis

The basic bullish trend is very strong on CRYPTO 0X - ZRX/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.352620 USD. Crossing the first resistance at 0.367010 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.384920 USD as an objective. Crossing it would then enable buyers to target 0.434290 USD. Caution, a return to below 0.352620 USD would be a sign of a consolidation phase in the short-term basic trend. 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.

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

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

CRYPTO 0X - ZRX/USD rating 0.362055 USD. The price registered a decrease of -0.90% on the session and was traded between 0.344894 USD and 0.374219 USD over the period. The price is currently at +4.98% from its lowest and -3.25% from its highest.

0.344894

0.374219

0.362055

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

Technical

Technical analysis of this 1H chart of CRYPTO 0X - ZRX/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals several bearish and bullish signals:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 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 : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.328172	0.333131	0.352620	0.362055	0.362150	0.367010	0.384920
Change (%)	-9.36%	-7.99%	-2.61%	-	+0.03%	+1.37%	+6.32%
Change	-0.033883	-0.028924	-0.009435	-	+0.000095	+0.004955	+0.022865
Level	Major	Major	Major	-	Minor	Intermediate	Intermediate

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	0.338969	0.345726	0.355541	0.362298	0.372113	0.378870	0.388685
Camarilla	0.360798	0.362317	0.363836	0.365355	0.366874	0.368393	0.369912
Woodie	0.340497	0.346491	0.357069	0.363063	0.373641	0.379635	0.390213
Fibonacci	0.345726	0.352057	0.355968	0.362298	0.368629	0.372540	0.378870

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.276404	0.293578	0.318341	0.335515	0.360278	0.377452	0.402215
Camarilla	0.331572	0.335417	0.339261	0.343105	0.346949	0.350794	0.354638
Woodie	0.280200	0.295475	0.322137	0.337412	0.364074	0.379349	0.406011
Fibonacci	0.293578	0.309598	0.319495	0.335515	0.351535	0.361432	0.377452

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.127805	0.202769	0.259540	0.334504	0.391275	0.466239	0.523010
Camarilla	0.280083	0.292159	0.304234	0.316310	0.328386	0.340461	0.352537
Woodie	0.118708	0.198221	0.250443	0.329956	0.382178	0.461691	0.513913
Fibonacci	0.202769	0.253092	0.284182	0.334504	0.384827	0.415917	0.466239

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):	51.79
MACD (12,26,9):	-0.0010
Directional Movement:	-2.370762
AROON (14):	-21.428571
DEMA (21):	0.359560
Parabolic SAR (0,02-0,02-0,2):	0.370190
Elder Ray (13):	0.001799
Super Trend (3,10):	0.374506
Zig ZAG (10):	0.362619
VORTEX (21):	0.9893
Stochastique (14,3,5):	54.32
TEMA (21):	0.357236
Williams %R (14):	-37.68
Chande Momentum Oscillator (20):	0.004784
Repulse (5,40,3):	2.9181
ROCnROLL:	1
TRIX (15,9):	-0.0174
Courbe Coppock:	4.05

MA7:	0.349090
MA20:	0.329646
MA50:	0.330714
MA100:	0.365581
MAexp7:	0.358659
MAexp20:	0.360144
MAexp50:	0.358865
MAexp100:	0.353739
Price / MA7:	+3.71%
Price / MA20:	+9.83%
Price / MA50:	+9.48%
Price / MA100:	-0.96%
Price / MAexp7:	+0.95%
Price / MAexp20:	+0.53%
Price / MAexp50:	+0.89%
Price / MAexp100:	+2.35%

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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