RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/26/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.190259 USDT
My targets
0.193950 USDT (+0.96%)
0.196500 USDT (+2.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RIPPLE - XRP/USDT as long as the price remains well above 0.190259 USDT. The buyers” bullish objective is set at 0.193950 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.196500 USDT. If there is any crossing, the next objective would be the resistance located at 0.199300 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 0.192100 USDT. The price registered an increase of +1.86% on the session and was traded between 0.187300 USDT and 0.192500 USDT over the period. The price is currently at +2.56% from its lowest and -0.21% from its highest.0.187300
0.192500
0.192100
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. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 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 | 0.183000 | 0.188350 | 0.190259 | 0.192100 | 0.193950 | 0.196500 | 0.199300 |
| Change (%) | -4.74% | -1.95% | -0.96% | - | +0.96% | +2.29% | +3.75% |
| Change | -0.009100 | -0.003750 | -0.001841 | - | +0.001850 | +0.004400 | +0.007200 |
| Level | Major | Major | Major | - | Minor | 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 | 0.181467 | 0.183933 | 0.186267 | 0.188733 | 0.191067 | 0.193533 | 0.195867 |
| Camarilla | 0.187280 | 0.187720 | 0.188160 | 0.188600 | 0.189040 | 0.189480 | 0.189920 |
| Woodie | 0.181400 | 0.183900 | 0.186200 | 0.188700 | 0.191000 | 0.193500 | 0.195800 |
| Fibonacci | 0.183933 | 0.185767 | 0.186900 | 0.188733 | 0.190567 | 0.191700 | 0.193533 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.127633 | 0.151467 | 0.171433 | 0.195267 | 0.215233 | 0.239067 | 0.259033 |
| Camarilla | 0.179355 | 0.183370 | 0.187385 | 0.191400 | 0.195415 | 0.199430 | 0.203445 |
| Woodie | 0.125700 | 0.150500 | 0.169500 | 0.194300 | 0.213300 | 0.238100 | 0.257100 |
| Fibonacci | 0.151467 | 0.168198 | 0.178535 | 0.195267 | 0.211998 | 0.222335 | 0.239067 |
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): | 71.90 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 22.337927 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.189209 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.187386 | |
| Elder Ray (13): | 0.002571 | |
| Super Trend (3,10): | 0.188482 | |
| Zig ZAG (10): | 0.191900 | |
| VORTEX (21): | 1.1067 | |
| Stochastique (14,3,5): | 83.64 | |
| TEMA (21): | 0.189842 | |
| Williams %R (14): | -13.46 | |
| Chande Momentum Oscillator (20): | 0.003700 | |
| Repulse (5,40,3): | 1.6584 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0053 | |
| Courbe Coppock: | 1.64 |
| MA7: | 0.192071 | |
| MA20: | 0.205650 | |
| MA50: | 0.229182 | |
| MA100: | 0.253729 | |
| MAexp7: | 0.190401 | |
| MAexp20: | 0.189482 | |
| MAexp50: | 0.189464 | |
| MAexp100: | 0.190351 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | -6.59% | |
| Price / MA50: | -16.18% | |
| Price / MA100: | -24.29% | |
| Price / MAexp7: | +0.89% | |
| Price / MAexp20: | +1.38% | |
| Price / MAexp50: | +1.39% | |
| Price / MAexp100: | +0.92% |
This member declared not having a position on this financial instrument or a related financial instrument.
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