Fundamental Analysis

Introduce

XRADERS is a decentralized expert curation platform designed to empower investors through curated expert insights. Our ultimate goal is to make a decentralized ecosystem where experts are selected and curated by users with a blockchain backed voting system.

BasicInfo

NameValueNameValue
SymbolXRMarket Cap2737920
NameXRADERSWhite Paper--
Web Sitehttps://xraders.xyz/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://bscscan.com/Algorithm--
Forum--Proof--
Mining Total100000000
Supply100000000Release Date2024-07-11
Available Supply18600000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.14920.15250.14370.146855978.152746
2024-12-300.14840.15350.1430.149352811.419011
2024-12-290.15690.15730.14750.148943235.19186
2024-12-280.15620.18450.15190.1569154219.469665
2024-12-270.15020.15820.14030.155968936.114622
2024-12-260.15350.18240.14470.1501107615.432352
2024-12-250.17070.17330.150.1536195687.730158
2024-12-240.17990.18240.1660.1708878966.948536
2024-12-230.1920.19660.17560.1803417734.824924
2024-12-220.19790.21760.18630.1911300776.59881
2024-12-210.21060.21120.180.198899043.814799
2024-12-200.24780.25340.18980.2106906423.302183
2024-12-190.18920.26270.18730.2477494192.599745
2024-12-180.22520.22940.18880.1891355451.485192
2024-12-170.25710.25760.21850.22511798704.701654
2024-12-160.26760.310.24040.25681686968.650995
2024-12-150.2260.32160.22290.2681808459.21886
2024-12-140.26130.28430.21660.22593080789.013095
2024-12-130.29110.29110.25860.2615998654.743548
2024-12-120.34260.3450.27790.29119895655.156455
2024-12-110.38850.39260.3120.34266407575.177578
2024-12-100.57870.70090.37930.38911608960.057078
2024-12-090.68140.75710.5460.579301081.180719
2024-12-080.66430.69810.65680.681565702.942941
2024-12-070.67920.72410.65810.664297795.78658
2024-12-060.64090.770.63450.6771138431.372948
2024-12-050.68190.7540.63160.6411122880.042771
2024-12-040.65130.73320.59340.682168485.56599
2024-12-030.52950.68960.51580.6514216657.855587
2024-12-020.47840.55120.4590.5269196878.92373

Analysis

The asset experienced significant volatility over the 30-day period. Initially, a substantial price surge occurred, reaching a peak around December 9-11, followed by a sharp correction. Subsequent trading suggests a consolidation phase with decreasing price range and volume. There is a shift from a high volatility and high volume period to lower volatility and volume. Recent days indicate a bearish trend with prices failing to establish new support levels. Overall, the asset is currently in a downward trend with potential for further decline if support is not found. The recent lower close may indicate increased selling pressure and future downward movement might be expected.

News Analysis

News

  • 20241230

    • XR PRICE NEW LOW ↓
  • 20241227

    • XR PRICE NEW LOW ↓
  • 20241226

    • XR PRICE NEW LOW ↓
  • 20241225

    • XR PRICE NEW LOW ↓
  • 20241224

    • XR PRICE NEW LOW ↓
  • 20241223

    • XR PRICE NEW LOW ↓
  • 20241222

    • XR PRICE NEW LOW ↓
  • 20241221

    • XR PRICE NEW LOW ↓
  • 20241220

    • XR PRICE NEW LOW ↓
  • 20241219

    • XR PRICE NEW LOW ↓
  • 20241218

    • XR PRICE NEW LOW ↓
  • 20241217

    • XR PRICE NEW LOW ↓
  • 20241212

    • XR EMA Death Cross ↓
    • XR VOL TIMES
  • 20241211

    • XR MACD Turning Negative ↓
    • XR VOL TIMES
  • 20241208

    • XR PRICE NEW HIGH ↑
  • 20241205

    • XR PRICE NEW HIGH ↑
  • 20241204

    • XR PRICE NEW HIGH ↑
  • 20241203

    • XR PRICE NEW HIGH ↑
  • 20241202

    • XR PRICE NEW HIGH ↑

Analysis

The data reveals a significant and sustained downward trend in the price of XR, commencing on December 17, 2024 and continuing through December 30, 2024. This extended period of consecutive new lows indicates a strong bearish momentum. Prior to this decline, the data shows a period of price increases, with new highs recorded between December 2nd and December 8th, suggesting a preceding bullish phase. The shift from highs to lows appears to have been precipitated by key technical indicators, specifically the EMA Death Cross on December 12th and the MACD turning negative on December 11th. These indicators strongly suggest a change in market sentiment and a clear shift towards a bearish outlook. A spike in volume appears to be associated with both the MACD turning negative on the 11th and the EMA death cross on the 12th, implying increased activity and potentially accelerated selling during these critical periods. The consistent appearance of “XR PRICE NEW LOW” throughout late December points to a potentially ongoing sell-off, without any evidence of a price floor or reversal. This continuous depreciation strongly indicates that without a significant positive catalyst, the price will likely continue its descent in the near term. The high volume during the technical trigger points suggests the market reacted strongly to these signals, exacerbating the downtrend. Based on this information, a cautious approach to XR is advised, as the current momentum is clearly bearish with no immediate signs of reversal. The prolonged period of new lows highlights a strong negative sentiment and lack of buyer support which could potentially lead to further devaluation in the foreseeable future.