RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/30/2019 (GMT)
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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:
Strongly bearish
De fond:
Neutral
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.196600 USDT
My targets
0.190233 USDT (-1.33%)
0.188336 USDT (-2.32%)
My analysis
The strong short-term decrease of RIPPLE - XRP/USDT should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.196600 USDT, a sale could be considered. The first bearish objective is located at 0.190233 USDT. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.188336 USDT. If there is any crossing, the next objective would be support 0.186400 USDT. Caution, if there is a return to above 0.196600 USDT, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3
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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 0.192800 USDT. The price registered a decrease of -1.93% on the session with the lowest point at 0.192200 USDT and the highest point at 0.197800 USDT. The deviation from the price is +0.31% for the low point and -2.53% for the high point.0.192200
0.197800
0.192800
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 not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel 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 | 0.188336 | 0.190233 | 0.191980 | 0.192800 | 0.193867 | 0.196600 | 0.198200 |
| Change (%) | -2.32% | -1.33% | -0.43% | - | +0.55% | +1.97% | +2.80% |
| Change | -0.004464 | -0.002567 | -0.000820 | - | +0.001067 | +0.003800 | +0.005400 |
| Level | Intermediate | Intermediate | 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 | 0.184833 | 0.187867 | 0.192233 | 0.195267 | 0.199633 | 0.202667 | 0.207033 |
| Camarilla | 0.194565 | 0.195243 | 0.195922 | 0.196600 | 0.197278 | 0.197957 | 0.198635 |
| Woodie | 0.185500 | 0.188200 | 0.192900 | 0.195600 | 0.200300 | 0.203000 | 0.207700 |
| Fibonacci | 0.187867 | 0.190694 | 0.192440 | 0.195267 | 0.198094 | 0.199840 | 0.202667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.173533 | 0.179467 | 0.186333 | 0.192267 | 0.199133 | 0.205067 | 0.211933 |
| Camarilla | 0.189680 | 0.190853 | 0.192027 | 0.193200 | 0.194373 | 0.195547 | 0.196720 |
| Woodie | 0.174000 | 0.179700 | 0.186800 | 0.192500 | 0.199600 | 0.205300 | 0.212400 |
| Fibonacci | 0.179467 | 0.184356 | 0.187377 | 0.192267 | 0.197156 | 0.200177 | 0.205067 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 39.72 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -12.855005 | |
| AROON (14): | -64.285713 | |
| DEMA (21): | 0.194457 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.196128 | |
| Elder Ray (13): | -0.001594 | |
| Super Trend (3,10): | 0.196435 | |
| Zig ZAG (10): | 0.193100 | |
| VORTEX (21): | 0.8394 | |
| Stochastique (14,3,5): | 15.67 | |
| TEMA (21): | 0.193642 | |
| Williams %R (14): | -85.71 | |
| Chande Momentum Oscillator (20): | -0.003000 | |
| Repulse (5,40,3): | -0.3842 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0096 | |
| Courbe Coppock: | 2.10 |
| MA7: | 0.191657 | |
| MA20: | 0.198975 | |
| MA50: | 0.222078 | |
| MA100: | 0.249455 | |
| MAexp7: | 0.194155 | |
| MAexp20: | 0.194603 | |
| MAexp50: | 0.194116 | |
| MAexp100: | 0.192988 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | -3.10% | |
| Price / MA50: | -13.18% | |
| Price / MA100: | -22.71% | |
| Price / MAexp7: | -0.70% | |
| Price / MAexp20: | -0.93% | |
| Price / MAexp50: | -0.68% | |
| Price / MAexp100: | -0.10% |
This member declared not having a position on this financial instrument or a related financial instrument.
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