RIPPLE - XRP/USDT - 1H - Technical analysis published on 10/25/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.273200 USDT
My targets
0.279920 USDT (+0.55%)
0.288500 USDT (+3.63%)
My analysis
The strong short-term increase in RIPPLE - XRP/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.273200 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.279920 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.288500 USDT as an objective. Crossing it would then enable buyers to target 0.296036 USDT. Caution, a return under 0.273200 USDT could jeopardize the reversal.
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
2.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USDT price is 0.278400 USDT. On the day, this instrument gained +0.87% and was between 0.274600 USDT and 0.280100 USDT. This implies that the price is at +1.38% from its lowest and at -0.61% from its highest.0.274600
0.280100
0.278400
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RIPPLE - XRP/USDT in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.261343 | 0.266720 | 0.273200 | 0.278400 | 0.279920 | 0.288500 | 0.296036 |
| Change (%) | -6.13% | -4.20% | -1.87% | - | +0.55% | +3.63% | +6.33% |
| Change | -0.017057 | -0.011680 | -0.005200 | - | +0.001520 | +0.010100 | +0.017636 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | 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 | 0.255300 | 0.261000 | 0.268500 | 0.274200 | 0.281700 | 0.287400 | 0.294900 |
| Camarilla | 0.272370 | 0.273580 | 0.274790 | 0.276000 | 0.277210 | 0.278420 | 0.279630 |
| Woodie | 0.256200 | 0.261450 | 0.269400 | 0.274650 | 0.282600 | 0.287850 | 0.295800 |
| Fibonacci | 0.261000 | 0.266042 | 0.269158 | 0.274200 | 0.279242 | 0.282358 | 0.287400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.243600 | 0.257800 | 0.274500 | 0.288700 | 0.305400 | 0.319600 | 0.336300 |
| Camarilla | 0.282703 | 0.285535 | 0.288368 | 0.291200 | 0.294033 | 0.296865 | 0.299698 |
| Woodie | 0.244850 | 0.258425 | 0.275750 | 0.289325 | 0.306650 | 0.320225 | 0.337550 |
| Fibonacci | 0.257800 | 0.269604 | 0.276896 | 0.288700 | 0.300504 | 0.307796 | 0.319600 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.097933 | 0.157367 | 0.206933 | 0.266367 | 0.315933 | 0.375367 | 0.424933 |
| Camarilla | 0.226525 | 0.236517 | 0.246508 | 0.256500 | 0.266492 | 0.276483 | 0.286475 |
| Woodie | 0.093000 | 0.154900 | 0.202000 | 0.263900 | 0.311000 | 0.372900 | 0.420000 |
| Fibonacci | 0.157367 | 0.199005 | 0.224729 | 0.266367 | 0.308005 | 0.333729 | 0.375367 |
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): | 59.26 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 8.052499 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.277202 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.274733 | |
| Elder Ray (13): | 0.002224 | |
| Super Trend (3,10): | 0.273150 | |
| Zig ZAG (10): | 0.278500 | |
| VORTEX (21): | 1.1841 | |
| Stochastique (14,3,5): | 58.86 | |
| TEMA (21): | 0.278652 | |
| Williams %R (14): | -29.09 | |
| Chande Momentum Oscillator (20): | 0.002700 | |
| Repulse (5,40,3): | 0.2034 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0459 | |
| Courbe Coppock: | 0.50 |
| MA7: | 0.284957 | |
| MA20: | 0.281820 | |
| MA50: | 0.269090 | |
| MA100: | 0.280263 | |
| MAexp7: | 0.277230 | |
| MAexp20: | 0.276237 | |
| MAexp50: | 0.277041 | |
| MAexp100: | 0.280644 | |
| Price / MA7: | -2.30% | |
| Price / MA20: | -1.21% | |
| Price / MA50: | +3.46% | |
| Price / MA100: | -0.66% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +0.49% | |
| Price / MAexp100: | -0.80% |
This member declared not having a position on this financial instrument or a related financial instrument.
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