RIPPLE - XRP/USDT
RIPPLE - XRP/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: XRPUSDT
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RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/28/2019 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.191980 USDT
My targets
0.196600 USDT (+1.65%)
0.198200 USDT (+2.48%)
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 0.191980 USDT. The buyers” bullish objective is set at 0.196600 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.198200 USDT. If there is any crossing, the next objective would be the resistance located at 0.232756 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by insight. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RIPPLE - XRP/USDT rating is 0.193400 USDT. The price has increased by +1.79% since the last closing and was traded between 0.189700 USDT and 0.193800 USDT over the period. The price is currently at +1.95% from its lowest and -0.21% from its highest.

0.189700
0.193800
0.193400

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of triangle 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


S3S2S1PriceR1R2R3
ProTrendLines 0.188336 0.190233 0.191980 0.193400 0.193867 0.196600 0.198200
Change (%) -2.62% -1.64% -0.73% - +0.24% +1.65% +2.48%
Change -0.005064 -0.003167 -0.001420 - +0.000467 +0.003200 +0.004800
Level Intermediate Intermediate Minor - Major Minor Intermediate



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
Standard0.1823330.1838670.1869330.1884670.1915330.1930670.196133
Camarilla0.1887350.1891570.1895780.1900000.1904220.1908430.191265
Woodie0.1831000.1842500.1877000.1888500.1923000.1934500.196900
Fibonacci0.1838670.1856240.1867100.1884670.1902240.1913100.193067


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1276330.1514670.1714330.1952670.2152330.2390670.259033
Camarilla0.1793550.1833700.1873850.1914000.1954150.1994300.203445
Woodie0.1257000.1505000.1695000.1943000.2133000.2381000.257100
Fibonacci0.1514670.1681980.1785350.1952670.2119980.2223350.239067


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0683670.1352330.1803670.2472330.2923670.3592330.404367
Camarilla0.1947000.2049670.2152330.2255000.2357670.2460330.256300
Woodie0.0575000.1298000.1695000.2418000.2815000.3538000.393500
Fibonacci0.1352330.1780170.2044490.2472330.2900170.3164490.359233

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): 66.84
MACD (12,26,9): 0.0011
Directional Movement: 20.303278
AROON (14): 85.714287
DEMA (21): 0.192802
Parabolic SAR (0,02-0,02-0,2): 0.191078
Elder Ray (13): 0.001038
Super Trend (3,10): 0.190198
Zig ZAG (10): 0.193300
VORTEX (21): 1.2537
Stochastique (14,3,5): 90.72
TEMA (21): 0.193484
Williams %R (14): -8.70
Chande Momentum Oscillator (20): 0.001400
Repulse (5,40,3): 0.4834
ROCnROLL: 1
TRIX (15,9): 0.0654
Courbe Coppock: 3.34
MA7: 0.191186
MA20: 0.201875
MA50: 0.225474
MA100: 0.251397
MAexp7: 0.192762
MAexp20: 0.191514
MAexp50: 0.190388
MAexp100: 0.190155
Price / MA7: +1.16%
Price / MA20: -4.20%
Price / MA50: -14.23%
Price / MA100: -23.07%
Price / MAexp7: +0.33%
Price / MAexp20: +0.98%
Price / MAexp50: +1.58%
Price / MAexp100: +1.71%

This member declared not having a position on this financial instrument or a related financial instrument.

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