RIPPLE - XRP/USDT - 1H - Technical analysis published on 09/30/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 0.487000 USDT
My targets
0.506900 USDT (+2.34%)
0.558100 USDT (+12.68%)
My analysis
The basic bullish trend is very strong on RIPPLE - XRP/USDT 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 0.487000 USDT. Crossing the first resistance at 0.506900 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.558100 USDT as an objective. Crossing it would then enable buyers to target 0.694600 USDT. Caution, a return to below 0.487000 USDT 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 not called into question, despite technical indicators being indecisive.
Force
0
10
5.9
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Additional analysis
Quotes
The RIPPLE - XRP/USDT rating is 0.495300 USDT. The price has increased by +1.77% since the last closing and was traded between 0.470700 USDT and 0.497500 USDT over the period. The price is currently at +5.23% from its lowest and -0.44% from its highest.0.470700
0.497500
0.495300
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
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 strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.427767 | 0.457733 | 0.487000 | 0.495300 | 0.506900 | 0.558100 | 0.694600 |
| Change (%) | -13.63% | -7.58% | -1.68% | - | +2.34% | +12.68% | +40.24% |
| Change | -0.067533 | -0.037567 | -0.008300 | - | +0.011600 | +0.062800 | +0.199300 |
| Level | Intermediate | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.359400 | 0.393500 | 0.440100 | 0.474200 | 0.520800 | 0.554900 | 0.601500 |
| Camarilla | 0.464508 | 0.471905 | 0.479303 | 0.486700 | 0.494098 | 0.501495 | 0.508893 |
| Woodie | 0.365650 | 0.396625 | 0.446350 | 0.477325 | 0.527050 | 0.558025 | 0.607750 |
| Fibonacci | 0.393500 | 0.424327 | 0.443373 | 0.474200 | 0.505027 | 0.524073 | 0.554900 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.06 | |
| MACD (12,26,9): | 0.0057 | |
| Directional Movement: | 13.237299 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.485767 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.502019 | |
| Elder Ray (13): | -0.001194 | |
| Super Trend (3,10): | 0.464590 | |
| Zig ZAG (10): | 0.481600 | |
| VORTEX (21): | 1.1696 | |
| Stochastique (14,3,5): | 32.17 | |
| TEMA (21): | 0.485218 | |
| Williams %R (14): | -51.75 | |
| Chande Momentum Oscillator (20): | -0.004700 | |
| Repulse (5,40,3): | 1.8082 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2784 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.473600 | |
| MA20: | 0.414970 | |
| MA50: | 0.373570 | |
| MA100: | 0.362627 | |
| MAexp7: | 0.480791 | |
| MAexp20: | 0.476553 | |
| MAexp50: | 0.465669 | |
| MAexp100: | 0.461220 | |
| Price / MA7: | +4.58% | |
| Price / MA20: | +19.36% | |
| Price / MA50: | +32.59% | |
| Price / MA100: | +36.59% | |
| Price / MAexp7: | +3.02% | |
| Price / MAexp20: | +3.93% | |
| Price / MAexp50: | +6.36% | |
| Price / MAexp100: | +7.39% |
Quotes :
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Real time data
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Cryptocompare
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