RIPPLE - XRP/USDT
RIPPLE - XRP/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XRPUSDT
ISIN:

RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 11/11/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.655860 USDT
My targets
0.674652 USDT (+2.25%)
0.689870 USDT (+4.56%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for RIPPLE - XRP/USDT as long as the price remains well above 0.655860 USDT. The buyers' bullish objective is set at 0.674652 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.689870 USDT. If there is any crossing, the next objective would be the resistance located at 0.708662 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.674652 USDT. On this resistance, against the trend traders who would like to go short on RIPPLE - XRP/USDT with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.5

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 chetron. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

RIPPLE - XRP/USDT rating 0.659782 USDT. The price registered an increase of +0.05% on the session with the lowest point at 0.640287 USDT and the highest point at 0.664984 USDT. The deviation from the price is +3.04% for the low point and -0.78% for the high point.

0.640287
0.664984
0.659782

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USDT:

Technical


A technical analysis in 15 min. of this RIPPLE - XRP/USDT chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 15 minutes



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.623600 0.637182 0.654412 0.659782 0.671078 0.702100 0.724583
Change (%) -5.48% -3.43% -0.81% - +1.71% +6.41% +9.82%
Change -0.036182 -0.022600 -0.005370 - +0.011296 +0.042318 +0.064801
Level Minor Major Intermediate - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6066320.6218500.6406420.6558600.6746520.6898700.708662
Camarilla0.6500810.6531990.6563160.6594340.6625520.6656690.668787
Woodie0.6084190.6227440.6424290.6567540.6764390.6907640.710449
Fibonacci0.6218500.6348420.6428680.6558600.6688520.6768780.689870


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4762240.5083760.5616510.5938030.6470780.6792300.732505
Camarilla0.5914350.5992650.6070960.6149270.6227580.6305890.638419
Woodie0.4867870.5136570.5722140.5990840.6576410.6845110.743068
Fibonacci0.5083760.5410090.5611700.5938030.6264360.6465970.679230


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3619370.4181870.5088340.5650840.6557310.7119810.802628
Camarilla0.5590840.5725500.5860150.5994810.6129470.6264120.639878
Woodie0.3791360.4267860.5260330.5736830.6729300.7205800.819827
Fibonacci0.4181870.4743020.5089690.5650840.6211990.6558660.711981

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 51.80
MACD (12,26,9): -0.0008
Directional Movement: -10.626815
AROON (14): 71.428572
DEMA (21): 0.650967
Parabolic SAR (0,02-0,02-0,2): 0.645098
Elder Ray (13): 0.001483
Super Trend (3,10): 0.659402
Zig ZAG (10): 0.653418
VORTEX (21): 1.0658
Stochastique (14,3,5): 95.62
TEMA (21): 0.651583
Williams %R (14): -2.78
Chande Momentum Oscillator (20): 0.004171
Repulse (5,40,3): 0.2499
ROCnROLL: -1
TRIX (15,9): -0.0422
Courbe Coppock: 0.49
MA7: 0.675330
MA20: 0.610200
MA50: 0.548928
MA100: 0.544423
MAexp7: 0.652766
MAexp20: 0.652596
MAexp50: 0.654626
MAexp100: 0.657290
Price / MA7: -2.30%
Price / MA20: +8.13%
Price / MA50: +20.19%
Price / MA100: +21.19%
Price / MAexp7: +1.07%
Price / MAexp20: +1.10%
Price / MAexp50: +0.79%
Price / MAexp100: +0.38%

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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