RIPPLE - XRP/USDT - 1H - Technical analysis published on 11/28/2019 (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
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.221800 USDT
My targets
0.233100 USDT (+3.10%)
0.248333 USDT (+9.83%)
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 0.221800 USDT. The next resistance located at 0.233100 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 0.248333 USDT. After this resistance, buyers could then target 0.253500 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
6.1
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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
RIPPLE - XRP/USDT rating 0.226100 USDT. On the day, this instrument gained +0.89% and was traded between 0.223700 USDT and 0.229100 USDT over the period. The price is currently at +1.07% from its lowest and -1.31% from its highest.0.223700
0.229100
0.226100
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this RIPPLE - XRP/USDT chart shows a bullish trend. The signals returned by the moving averages are 78.57% 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.
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
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
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.202100 | 0.213100 | 0.221800 | 0.226100 | 0.233100 | 0.248333 | 0.253500 |
| Change (%) | -10.61% | -5.75% | -1.90% | - | +3.10% | +9.83% | +12.12% |
| Change | -0.024000 | -0.013000 | -0.004300 | - | +0.007000 | +0.022233 | +0.027400 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.198367 | 0.205633 | 0.214867 | 0.222133 | 0.231367 | 0.238633 | 0.247867 |
| Camarilla | 0.219563 | 0.221075 | 0.222588 | 0.224100 | 0.225613 | 0.227125 | 0.228638 |
| Woodie | 0.199350 | 0.206125 | 0.215850 | 0.222625 | 0.232350 | 0.239125 | 0.248850 |
| Fibonacci | 0.205633 | 0.211936 | 0.215830 | 0.222133 | 0.228436 | 0.232330 | 0.238633 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.171067 | 0.196433 | 0.215167 | 0.240533 | 0.259267 | 0.284633 | 0.303367 |
| Camarilla | 0.221773 | 0.225815 | 0.229858 | 0.233900 | 0.237943 | 0.241985 | 0.246028 |
| Woodie | 0.167750 | 0.194775 | 0.211850 | 0.238875 | 0.255950 | 0.282975 | 0.300050 |
| Fibonacci | 0.196433 | 0.213280 | 0.223687 | 0.240533 | 0.257380 | 0.267787 | 0.284633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.183900 | 0.213000 | 0.253700 | 0.282800 | 0.323500 | 0.352600 | 0.393300 |
| Camarilla | 0.275205 | 0.281603 | 0.288002 | 0.294400 | 0.300798 | 0.307197 | 0.313595 |
| Woodie | 0.189700 | 0.215900 | 0.259500 | 0.285700 | 0.329300 | 0.355500 | 0.399100 |
| Fibonacci | 0.213000 | 0.239664 | 0.256136 | 0.282800 | 0.309464 | 0.325936 | 0.352600 |
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): | 58.19 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 14.905958 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.226579 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.228782 | |
| Elder Ray (13): | 0.000584 | |
| Super Trend (3,10): | 0.219905 | |
| Zig ZAG (10): | 0.226300 | |
| VORTEX (21): | 1.2177 | |
| Stochastique (14,3,5): | 43.27 | |
| TEMA (21): | 0.227093 | |
| Williams %R (14): | -54.39 | |
| Chande Momentum Oscillator (20): | 0.000600 | |
| Repulse (5,40,3): | 0.1522 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1090 | |
| Courbe Coppock: | 2.17 |
| MA7: | 0.224714 | |
| MA20: | 0.250195 | |
| MA50: | 0.273980 | |
| MA100: | 0.268200 | |
| MAexp7: | 0.225941 | |
| MAexp20: | 0.224500 | |
| MAexp50: | 0.222500 | |
| MAexp100: | 0.223542 | |
| Price / MA7: | +0.62% | |
| Price / MA20: | -9.63% | |
| Price / MA50: | -17.48% | |
| Price / MA100: | -15.70% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.71% | |
| Price / MAexp50: | +1.62% | |
| Price / MAexp100: | +1.14% |
This member declared not having a position on this financial instrument or a related financial instrument.
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