RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/13/2019 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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:
Bullish
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.221920 USDT
My targets
0.217300 USDT (-1.41%)
0.214200 USDT (-2.81%)
My analysis
The basic trend is bearish on RIPPLE - XRP/USDT and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.221920 USDT. Buyers would then use the next resistance located at 0.227767 USDT as an objective. Crossing it would then enable buyers to target 0.232067 USDT. If there is a return to below the support located at 0.217300 USDT, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.214200 USDT and 0.212100 USDT by extension.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0
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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 0.220400 USDT. The price registered an increase of +0.87% on the session with the lowest point at 0.215500 USDT and the highest point at 0.220500 USDT. The deviation from the price is +2.27% for the low point and -0.05% for the high point.0.215500
0.220500
0.220400
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RIPPLE - XRP/USDT in 1H shows an overall bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.214200 | 0.217300 | 0.219200 | 0.220400 | 0.221920 | 0.227767 | 0.232067 |
| Change (%) | -2.81% | -1.41% | -0.54% | - | +0.69% | +3.34% | +5.29% |
| Change | -0.006200 | -0.003100 | -0.001200 | - | +0.001520 | +0.007367 | +0.011667 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.211033 | 0.214167 | 0.216333 | 0.219467 | 0.221633 | 0.224767 | 0.226933 |
| Camarilla | 0.217043 | 0.217528 | 0.218014 | 0.218500 | 0.218986 | 0.219472 | 0.219958 |
| Woodie | 0.210550 | 0.213925 | 0.215850 | 0.219225 | 0.221150 | 0.224525 | 0.226450 |
| Fibonacci | 0.214167 | 0.216191 | 0.217442 | 0.219467 | 0.221491 | 0.222742 | 0.224767 |
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): | 52.07 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -2.835220 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.218244 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.215500 | |
| Elder Ray (13): | 0.000391 | |
| Super Trend (3,10): | 0.220391 | |
| Zig ZAG (10): | 0.219200 | |
| VORTEX (21): | 0.9356 | |
| Stochastique (14,3,5): | 76.30 | |
| TEMA (21): | 0.218391 | |
| Williams %R (14): | -15.56 | |
| Chande Momentum Oscillator (20): | 0.000200 | |
| Repulse (5,40,3): | 0.7648 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0278 | |
| Courbe Coppock: | 0.43 |
| MA7: | 0.223200 | |
| MA20: | 0.222335 | |
| MA50: | 0.255380 | |
| MA100: | 0.262010 | |
| MAexp7: | 0.218701 | |
| MAexp20: | 0.218698 | |
| MAexp50: | 0.219516 | |
| MAexp100: | 0.220703 | |
| Price / MA7: | -1.25% | |
| Price / MA20: | -0.87% | |
| Price / MA50: | -13.70% | |
| Price / MA100: | -15.88% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +0.40% | |
| Price / MAexp100: | -0.14% |
This member declared not having a position on this financial instrument or a related financial instrument.
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