RIPPLE - XRP/USDT - 1H - Technical analysis published on 09/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.476240 USDT
My targets
0.520100 USDT (+7.84%)
0.558100 USDT (+15.72%)
My analysis
The strong short-term increase for RIPPLE - XRP/USDT reinforces the current slightly bullish trend. As long as the price remains above 0.476240 USDT, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.520100 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.558100 USDT as an objective. Crossing it would then enable buyers to target 0.584800 USDT. A return to 0.476240 USDT would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
5.4
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Additional analysis
Quotes
RIPPLE - XRP/USDT rating 0.482300 USDT. The price has increased by +2.97% since the last closing with the lowest point at 0.465200 USDT and the highest point at 0.487200 USDT. The deviation from the price is +3.68% for the low point and -1.01% for the high point.0.465200
0.487200
0.482300
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of RIPPLE - XRP/USDT indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.421667 | 0.457733 | 0.476240 | 0.482300 | 0.520100 | 0.558100 | 0.584800 |
| Change (%) | -12.57% | -5.09% | -1.26% | - | +7.84% | +15.72% | +21.25% |
| Change | -0.060633 | -0.024567 | -0.006060 | - | +0.037800 | +0.075800 | +0.102500 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | 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 | 0.407567 | 0.432933 | 0.450667 | 0.476033 | 0.493767 | 0.519133 | 0.536867 |
| Camarilla | 0.456548 | 0.460498 | 0.464449 | 0.468400 | 0.472351 | 0.476302 | 0.480253 |
| Woodie | 0.403750 | 0.431025 | 0.446850 | 0.474125 | 0.489950 | 0.517225 | 0.533050 |
| Fibonacci | 0.432933 | 0.449398 | 0.459569 | 0.476033 | 0.492498 | 0.502669 | 0.519133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.148300 | 0.244300 | 0.366100 | 0.462100 | 0.583900 | 0.679900 | 0.801700 |
| Camarilla | 0.428005 | 0.447970 | 0.467935 | 0.487900 | 0.507865 | 0.527830 | 0.547795 |
| Woodie | 0.161200 | 0.250750 | 0.379000 | 0.468550 | 0.596800 | 0.686350 | 0.814600 |
| Fibonacci | 0.244300 | 0.327500 | 0.378900 | 0.462100 | 0.545300 | 0.596700 | 0.679900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.229467 | 0.274033 | 0.300867 | 0.345433 | 0.372267 | 0.416833 | 0.443667 |
| Camarilla | 0.308065 | 0.314610 | 0.321155 | 0.327700 | 0.334245 | 0.340790 | 0.347335 |
| Woodie | 0.220600 | 0.269600 | 0.292000 | 0.341000 | 0.363400 | 0.412400 | 0.434800 |
| Fibonacci | 0.274033 | 0.301308 | 0.318159 | 0.345433 | 0.372708 | 0.389559 | 0.416833 |
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): | 56.51 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 13.832506 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.474459 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.465282 | |
| Elder Ray (13): | 0.005321 | |
| Super Trend (3,10): | 0.490021 | |
| Zig ZAG (10): | 0.482100 | |
| VORTEX (21): | 1.0779 | |
| Stochastique (14,3,5): | 83.23 | |
| TEMA (21): | 0.477985 | |
| Williams %R (14): | -20.91 | |
| Chande Momentum Oscillator (20): | 0.009800 | |
| Repulse (5,40,3): | 1.5583 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0701 | |
| Courbe Coppock: | 3.03 |
| MA7: | 0.473971 | |
| MA20: | 0.398700 | |
| MA50: | 0.368490 | |
| MA100: | 0.358574 | |
| MAexp7: | 0.478484 | |
| MAexp20: | 0.475641 | |
| MAexp50: | 0.478694 | |
| MAexp100: | 0.473914 | |
| Price / MA7: | +1.76% | |
| Price / MA20: | +20.97% | |
| Price / MA50: | +30.89% | |
| Price / MA100: | +34.51% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +1.40% | |
| Price / MAexp50: | +0.75% | |
| Price / MAexp100: | +1.77% |
Quotes :
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Real time data
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Cryptocompare
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