RIPPLE (X100) - XRP/BTC - 1H - Technical analysis published on 12/06/2022 (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
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.002301 BTC
My targets
0.002249 BTC (-0.79%)
0.002219 BTC (-2.12%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RIPPLE (X100) - XRP/BTC as long as the price remains well below 0.002301 BTC. The next bearish objective for sellers is set at 0.002249 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.002219 BTC. If there is any crossing, the next objective would be the support located at 0.002072 BTC. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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Additional analysis
Quotes
The RIPPLE (X100) - XRP/BTC rating is 0.002267 BTC. The price is lower by -1.31% since the last closing and was traded between 0.002241 BTC and 0.002298 BTC over the period. The price is currently at +1.16% from its lowest and -1.35% from its highest.0.002241
0.002298
0.002267
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
A technical analysis in 1H of this RIPPLE (X100) - XRP/BTC chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002072 | 0.002219 | 0.002249 | 0.002267 | 0.002275 | 0.002301 | 0.002338 |
| Change (%) | -8.60% | -2.12% | -0.79% | - | +0.35% | +1.50% | +3.13% |
| Change | -0.000195 | -0.000048 | -0.000018 | - | +0.000008 | +0.000034 | +0.000071 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002212 | 0.002230 | 0.002264 | 0.002282 | 0.002316 | 0.002334 | 0.002368 |
| Camarilla | 0.002283 | 0.002288 | 0.002292 | 0.002297 | 0.002302 | 0.002307 | 0.002311 |
| Woodie | 0.002219 | 0.002234 | 0.002271 | 0.002286 | 0.002323 | 0.002338 | 0.002375 |
| Fibonacci | 0.002230 | 0.002250 | 0.002263 | 0.002282 | 0.002302 | 0.002315 | 0.002334 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002022 | 0.002148 | 0.002220 | 0.002346 | 0.002418 | 0.002544 | 0.002616 |
| Camarilla | 0.002237 | 0.002255 | 0.002273 | 0.002291 | 0.002309 | 0.002327 | 0.002346 |
| Woodie | 0.001994 | 0.002135 | 0.002192 | 0.002333 | 0.002390 | 0.002531 | 0.002588 |
| Fibonacci | 0.002148 | 0.002224 | 0.002271 | 0.002346 | 0.002422 | 0.002469 | 0.002544 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001450 | 0.001702 | 0.002039 | 0.002291 | 0.002628 | 0.002880 | 0.003217 |
| Camarilla | 0.002214 | 0.002268 | 0.002322 | 0.002376 | 0.002430 | 0.002484 | 0.002538 |
| Woodie | 0.001493 | 0.001723 | 0.002082 | 0.002312 | 0.002671 | 0.002901 | 0.003260 |
| Fibonacci | 0.001702 | 0.001927 | 0.002066 | 0.002291 | 0.002516 | 0.002655 | 0.002880 |
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): | 47.98 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -13.580756 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.002259 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002284 | |
| Elder Ray (13): | 0.000002 | |
| Super Trend (3,10): | 0.002288 | |
| Zig ZAG (10): | 0.002265 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 35.70 | |
| TEMA (21): | 0.002256 | |
| Williams %R (14): | -59.65 | |
| Chande Momentum Oscillator (20): | -0.000023 | |
| Repulse (5,40,3): | 0.6067 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0344 | |
| Courbe Coppock: | 2.82 |
| MA7: | 0.002309 | |
| MA20: | 0.002336 | |
| MA50: | 0.002302 | |
| MA100: | 0.002219 | |
| MAexp7: | 0.002260 | |
| MAexp20: | 0.002267 | |
| MAexp50: | 0.002277 | |
| MAexp100: | 0.002292 | |
| Price / MA7: | -1.82% | |
| Price / MA20: | -2.95% | |
| Price / MA50: | -1.52% | |
| Price / MA100: | +2.16% | |
| Price / MAexp7: | +0.31% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.44% | |
| Price / MAexp100: | -1.09% |
Quotes :
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Real time data
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Cryptocompare
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