RIPPLE - XRP/USDT - 1H - Technical analysis published on 10/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.452100 USDT
My targets
0.492533 USDT (+4.39%)
0.532700 USDT (+12.91%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RIPPLE - XRP/USDT as long as the price remains well above 0.452100 USDT. The buyers' bullish objective is set at 0.492533 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.532700 USDT. If there is any crossing, the next objective would be the resistance located at 0.584800 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USDT rating is 0.471800 USDT. The price registered an increase of +0.60% on the session with the lowest point at 0.468300 USDT and the highest point at 0.482000 USDT. The deviation from the price is +0.75% for the low point and -2.12% for the high point.0.468300
0.482000
0.471800
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USDT:
Technical
Technical analysis of this 1H chart of RIPPLE - XRP/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.447186 | 0.452100 | 0.470600 | 0.471800 | 0.532700 | 0.584800 | 0.645900 |
| Change (%) | -5.22% | -4.18% | -0.25% | - | +12.91% | +23.95% | +36.90% |
| Change | -0.024614 | -0.019700 | -0.001200 | - | +0.060900 | +0.113000 | +0.174100 |
| Level | Intermediate | Intermediate | 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 | 0.446500 | 0.451800 | 0.460400 | 0.465700 | 0.474300 | 0.479600 | 0.488200 |
| Camarilla | 0.465178 | 0.466452 | 0.467726 | 0.469000 | 0.470274 | 0.471548 | 0.472823 |
| Woodie | 0.448150 | 0.452625 | 0.462050 | 0.466525 | 0.475950 | 0.480425 | 0.489850 |
| Fibonacci | 0.451800 | 0.457110 | 0.460390 | 0.465700 | 0.471010 | 0.474290 | 0.479600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.373533 | 0.400667 | 0.433033 | 0.460167 | 0.492533 | 0.519667 | 0.552033 |
| Camarilla | 0.449038 | 0.454492 | 0.459946 | 0.465400 | 0.470854 | 0.476308 | 0.481763 |
| Woodie | 0.376150 | 0.401975 | 0.435650 | 0.461475 | 0.495150 | 0.520975 | 0.554650 |
| Fibonacci | 0.400667 | 0.423396 | 0.437438 | 0.460167 | 0.482896 | 0.496938 | 0.519667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.112133 | 0.216967 | 0.348433 | 0.453267 | 0.584733 | 0.689567 | 0.821033 |
| Camarilla | 0.414918 | 0.436578 | 0.458239 | 0.479900 | 0.501561 | 0.523222 | 0.544883 |
| Woodie | 0.125450 | 0.223625 | 0.361750 | 0.459925 | 0.598050 | 0.696225 | 0.834350 |
| Fibonacci | 0.216967 | 0.307233 | 0.363000 | 0.453267 | 0.543533 | 0.599300 | 0.689567 |
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): | 59.32 | |
| MACD (12,26,9): | 0.0031 | |
| Directional Movement: | 13.602782 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.474781 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.470286 | |
| Elder Ray (13): | 0.002223 | |
| Super Trend (3,10): | 0.461009 | |
| Zig ZAG (10): | 0.474900 | |
| VORTEX (21): | 1.1154 | |
| Stochastique (14,3,5): | 58.95 | |
| TEMA (21): | 0.475583 | |
| Williams %R (14): | -38.38 | |
| Chande Momentum Oscillator (20): | 0.006600 | |
| Repulse (5,40,3): | 0.1834 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0951 | |
| Courbe Coppock: | 3.61 |
| MA7: | 0.464600 | |
| MA20: | 0.476995 | |
| MA50: | 0.445192 | |
| MA100: | 0.400462 | |
| MAexp7: | 0.473482 | |
| MAexp20: | 0.470203 | |
| MAexp50: | 0.465380 | |
| MAexp100: | 0.462675 | |
| Price / MA7: | +1.55% | |
| Price / MA20: | -1.09% | |
| Price / MA50: | +5.98% | |
| Price / MA100: | +17.81% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | +0.34% | |
| Price / MAexp50: | +1.38% | |
| Price / MAexp100: | +1.97% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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