RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/09/2019 (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 bearish
De fond:
Slightly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.228400 USDT
My targets
0.224167 USDT (-0.64%)
0.221700 USDT (-1.73%)
My analysis
The strong short-term decline of RIPPLE - XRP/USDT reinforces the current slightly bearish trend. As long as the price remains below 0.228400 USDT, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.224167 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.221700 USDT as an objective. Crossing it would then enable sellers to target 0.218900 USDT. A return to above 0.228400 USDT would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
3.6
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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 0.225600 USDT. The price registered a decrease of -1.49% on the session and was between 0.224600 USDT and 0.230400 USDT. This implies that the price is at +0.45% from its lowest and at -2.08% from its highest.0.224600
0.230400
0.225600
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of RIPPLE - XRP/USDT indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
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 | 0.218900 | 0.221700 | 0.224167 | 0.225600 | 0.226150 | 0.228400 | 0.233100 |
| Change (%) | -2.97% | -1.73% | -0.64% | - | +0.24% | +1.24% | +3.32% |
| Change | -0.006700 | -0.003900 | -0.001433 | - | +0.000550 | +0.002800 | +0.007500 |
| Level | Major | Minor | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.216467 | 0.220133 | 0.224567 | 0.228233 | 0.232667 | 0.236333 | 0.240767 |
| Camarilla | 0.226773 | 0.227515 | 0.228258 | 0.229000 | 0.229743 | 0.230485 | 0.231228 |
| Woodie | 0.216850 | 0.220325 | 0.224950 | 0.228425 | 0.233050 | 0.236525 | 0.241150 |
| Fibonacci | 0.220133 | 0.223228 | 0.225139 | 0.228233 | 0.231328 | 0.233239 | 0.236333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.197667 | 0.203833 | 0.215467 | 0.221633 | 0.233267 | 0.239433 | 0.251067 |
| Camarilla | 0.222205 | 0.223837 | 0.225468 | 0.227100 | 0.228732 | 0.230363 | 0.231995 |
| Woodie | 0.200400 | 0.205200 | 0.218200 | 0.223000 | 0.236000 | 0.240800 | 0.253800 |
| Fibonacci | 0.203833 | 0.210633 | 0.214834 | 0.221633 | 0.228433 | 0.232634 | 0.239433 |
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 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): | 35.34 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -11.669155 | |
| AROON (14): | -14.285713 | |
| DEMA (21): | 0.226831 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.230400 | |
| Elder Ray (13): | -0.002193 | |
| Super Trend (3,10): | 0.229246 | |
| Zig ZAG (10): | 0.225100 | |
| VORTEX (21): | 0.8132 | |
| Stochastique (14,3,5): | 8.82 | |
| TEMA (21): | 0.225964 | |
| Williams %R (14): | -89.66 | |
| Chande Momentum Oscillator (20): | -0.003300 | |
| Repulse (5,40,3): | -0.8379 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0075 | |
| Courbe Coppock: | 1.87 |
| MA7: | 0.223086 | |
| MA20: | 0.226170 | |
| MA50: | 0.260386 | |
| MA100: | 0.263572 | |
| MAexp7: | 0.226477 | |
| MAexp20: | 0.227308 | |
| MAexp50: | 0.227013 | |
| MAexp100: | 0.225418 | |
| Price / MA7: | +1.13% | |
| Price / MA20: | -0.25% | |
| Price / MA50: | -13.36% | |
| Price / MA100: | -14.41% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -0.62% | |
| Price / MAexp100: | +0.08% |
This member declared not having a position on this financial instrument or a related financial instrument.
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