RIPPLE - XRP/USDT - 1H - Technical analysis published on 11/01/2022 (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:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.459550 USDT
My targets
0.471900 USDT (+1.79%)
0.478400 USDT (+3.19%)
My analysis
RIPPLE - XRP/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.459550 USDT. The next resistance located at 0.471900 USDT is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.478400 USDT. After this resistance, buyers could then target 0.483200 USDT.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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Additional analysis
Quotes
The RIPPLE - XRP/USDT price is 0.463600 USDT. The price registered a decrease of -0.19% on the session and was between 0.454700 USDT and 0.465000 USDT. This implies that the price is at +1.96% from its lowest and at -0.30% from its highest.0.454700
0.465000
0.463600
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 RIPPLE - XRP/USDT in 1H shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.452400 | 0.459550 | 0.462956 | 0.463600 | 0.471900 | 0.478400 | 0.483200 |
| Change (%) | -2.42% | -0.87% | -0.14% | - | +1.79% | +3.19% | +4.23% |
| Change | -0.011200 | -0.004050 | -0.000644 | - | +0.008300 | +0.014800 | +0.019600 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.434333 | 0.441367 | 0.452933 | 0.459967 | 0.471533 | 0.478567 | 0.490133 |
| Camarilla | 0.459385 | 0.461090 | 0.462795 | 0.464500 | 0.466205 | 0.467910 | 0.469615 |
| Woodie | 0.436600 | 0.442500 | 0.455200 | 0.461100 | 0.473800 | 0.479700 | 0.492400 |
| Fibonacci | 0.441367 | 0.448472 | 0.452862 | 0.459967 | 0.467072 | 0.471462 | 0.478567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.408967 | 0.426433 | 0.448267 | 0.465733 | 0.487567 | 0.505033 | 0.526867 |
| Camarilla | 0.459293 | 0.462895 | 0.466498 | 0.470100 | 0.473703 | 0.477305 | 0.480908 |
| Woodie | 0.411150 | 0.427525 | 0.450450 | 0.466825 | 0.489750 | 0.506125 | 0.529050 |
| Fibonacci | 0.426433 | 0.441446 | 0.450721 | 0.465733 | 0.480746 | 0.490021 | 0.505033 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.297333 | 0.362567 | 0.413533 | 0.478767 | 0.529733 | 0.594967 | 0.645933 |
| Camarilla | 0.432545 | 0.443197 | 0.453848 | 0.464500 | 0.475152 | 0.485803 | 0.496455 |
| Woodie | 0.290200 | 0.359000 | 0.406400 | 0.475200 | 0.522600 | 0.591400 | 0.638800 |
| Fibonacci | 0.362567 | 0.406955 | 0.434378 | 0.478767 | 0.523155 | 0.550578 | 0.594967 |
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): | 56.52 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 4.655573 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.461157 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.464140 | |
| Elder Ray (13): | 0.001096 | |
| Super Trend (3,10): | 0.452309 | |
| Zig ZAG (10): | 0.462900 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 76.70 | |
| TEMA (21): | 0.462075 | |
| Williams %R (14): | -19.42 | |
| Chande Momentum Oscillator (20): | 0.000600 | |
| Repulse (5,40,3): | 0.6583 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0207 | |
| Courbe Coppock: | 0.29 |
| MA7: | 0.465786 | |
| MA20: | 0.466925 | |
| MA50: | 0.456158 | |
| MA100: | 0.405575 | |
| MAexp7: | 0.461394 | |
| MAexp20: | 0.460230 | |
| MAexp50: | 0.460217 | |
| MAexp100: | 0.461620 | |
| Price / MA7: | -0.47% | |
| Price / MA20: | -0.71% | |
| Price / MA50: | +1.63% | |
| Price / MA100: | +14.31% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | +0.75% | |
| Price / MAexp50: | +0.76% | |
| Price / MAexp100: | +0.45% |
Quotes :
-
Real time data
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Cryptocompare
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