RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/06/2019 (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:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.217546 USDT
My targets
0.224200 USDT (+0.67%)
0.226100 USDT (+1.53%)
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 0.217546 USDT. The next resistance located at 0.224200 USDT is the next bullish objective 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 0.226100 USDT. After this resistance, buyers could then target 0.229200 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
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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 0.222700 USDT. On the day, this instrument gained +0.72% and was between 0.219000 USDT and 0.223900 USDT. This implies that the price is at +1.69% from its lowest and at -0.54% from its highest.0.219000
0.223900
0.222700
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. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.214200 | 0.217546 | 0.221700 | 0.222700 | 0.224200 | 0.226100 | 0.229200 |
| Change (%) | -3.82% | -2.31% | -0.45% | - | +0.67% | +1.53% | +2.92% |
| Change | -0.008500 | -0.005154 | -0.001000 | - | +0.001500 | +0.003400 | +0.006500 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | 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 | 0.199700 | 0.205900 | 0.213500 | 0.219700 | 0.227300 | 0.233500 | 0.241100 |
| Camarilla | 0.217305 | 0.218570 | 0.219835 | 0.221100 | 0.222365 | 0.223630 | 0.224895 |
| Woodie | 0.200400 | 0.206250 | 0.214200 | 0.220050 | 0.228000 | 0.233850 | 0.241800 |
| Fibonacci | 0.205900 | 0.211172 | 0.214428 | 0.219700 | 0.224972 | 0.228228 | 0.233500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.175167 | 0.188633 | 0.207067 | 0.220533 | 0.238967 | 0.252433 | 0.270867 |
| Camarilla | 0.216728 | 0.219652 | 0.222576 | 0.225500 | 0.228424 | 0.231348 | 0.234273 |
| Woodie | 0.177650 | 0.189875 | 0.209550 | 0.221775 | 0.241450 | 0.253675 | 0.273350 |
| Fibonacci | 0.188633 | 0.200819 | 0.208348 | 0.220533 | 0.232719 | 0.240248 | 0.252433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.068367 | 0.135233 | 0.180367 | 0.247233 | 0.292367 | 0.359233 | 0.404367 |
| Camarilla | 0.194700 | 0.204967 | 0.215233 | 0.225500 | 0.235767 | 0.246033 | 0.256300 |
| Woodie | 0.057500 | 0.129800 | 0.169500 | 0.241800 | 0.281500 | 0.353800 | 0.393500 |
| Fibonacci | 0.135233 | 0.178017 | 0.204449 | 0.247233 | 0.290017 | 0.316449 | 0.359233 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 58.05 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 15.542789 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.221853 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.216499 | |
| Elder Ray (13): | 0.000931 | |
| Super Trend (3,10): | 0.217342 | |
| Zig ZAG (10): | 0.221800 | |
| VORTEX (21): | 1.1356 | |
| Stochastique (14,3,5): | 54.42 | |
| TEMA (21): | 0.221823 | |
| Williams %R (14): | -44.90 | |
| Chande Momentum Oscillator (20): | 0.000800 | |
| Repulse (5,40,3): | -0.0834 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0718 | |
| Courbe Coppock: | 0.44 |
| MA7: | 0.220829 | |
| MA20: | 0.230400 | |
| MA50: | 0.264280 | |
| MA100: | 0.264425 | |
| MAexp7: | 0.221330 | |
| MAexp20: | 0.220580 | |
| MAexp50: | 0.219196 | |
| MAexp100: | 0.219133 | |
| Price / MA7: | +0.85% | |
| Price / MA20: | -3.34% | |
| Price / MA50: | -15.73% | |
| Price / MA100: | -15.78% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +0.96% | |
| Price / MAexp50: | +1.60% | |
| Price / MAexp100: | +1.63% |
This member declared not having a position on this financial instrument or a related financial instrument.
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