RIPPLE - XRP/USDT - 1H - Technical analysis published on 11/26/2022 (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
28%
33%
39%
My opinion
Bullish above 0.399000 USDT
My targets
0.421667 USDT (+3.38%)
0.447525 USDT (+9.71%)
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 0.399000 USDT. Crossing the first resistance at 0.421667 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.447525 USDT as an objective. Crossing it would then enable buyers to target 0.506167 USDT. Caution, a return to below 0.399000 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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Additional analysis
Quotes
The RIPPLE - XRP/USDT rating is 0.407900 USDT. On the day, this instrument gained +0.03% and was between 0.403500 USDT and 0.413700 USDT. This implies that the price is at +1.09% from its lowest and at -1.40% from its highest.0.403500
0.413700
0.407900
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RIPPLE - XRP/USDT in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
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 | 0.374520 | 0.387911 | 0.399000 | 0.407900 | 0.421667 | 0.447525 | 0.506167 |
| Change (%) | -8.18% | -4.90% | -2.18% | - | +3.38% | +9.71% | +24.09% |
| Change | -0.033380 | -0.019989 | -0.008900 | - | +0.013767 | +0.039625 | +0.098267 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.362867 | 0.376133 | 0.391967 | 0.405233 | 0.421067 | 0.434333 | 0.450167 |
| Camarilla | 0.399798 | 0.402465 | 0.405133 | 0.407800 | 0.410468 | 0.413135 | 0.415803 |
| Woodie | 0.364150 | 0.376775 | 0.393250 | 0.405875 | 0.422350 | 0.434975 | 0.451450 |
| Fibonacci | 0.376133 | 0.387250 | 0.394117 | 0.405233 | 0.416350 | 0.423217 | 0.434333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.262767 | 0.292133 | 0.338167 | 0.367533 | 0.413567 | 0.442933 | 0.488967 |
| Camarilla | 0.363465 | 0.370377 | 0.377288 | 0.384200 | 0.391112 | 0.398023 | 0.404935 |
| Woodie | 0.271100 | 0.296300 | 0.346500 | 0.371700 | 0.421900 | 0.447100 | 0.497300 |
| Fibonacci | 0.292133 | 0.320936 | 0.338731 | 0.367533 | 0.396336 | 0.414131 | 0.442933 |
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): | 51.69 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 0.272408 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.408063 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.411503 | |
| Elder Ray (13): | -0.000401 | |
| Super Trend (3,10): | 0.398166 | |
| Zig ZAG (10): | 0.406100 | |
| VORTEX (21): | 1.0758 | |
| Stochastique (14,3,5): | 21.53 | |
| TEMA (21): | 0.406232 | |
| Williams %R (14): | -84.44 | |
| Chande Momentum Oscillator (20): | -0.004500 | |
| Repulse (5,40,3): | -0.2205 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0546 | |
| Courbe Coppock: | 0.34 |
| MA7: | 0.385571 | |
| MA20: | 0.383580 | |
| MA50: | 0.438086 | |
| MA100: | 0.413276 | |
| MAexp7: | 0.406447 | |
| MAexp20: | 0.406265 | |
| MAexp50: | 0.401273 | |
| MAexp100: | 0.393059 | |
| Price / MA7: | +5.79% | |
| Price / MA20: | +6.34% | |
| Price / MA50: | -6.89% | |
| Price / MA100: | -1.30% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | +1.65% | |
| Price / MAexp100: | +3.78% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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