RIPPLE - XRP/USD - 15 min. - Technical analysis published on 05/04/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.214833 USD
My targets
0.220867 USD (+1.18%)
0.225433 USD (+3.27%)
My analysis
RIPPLE - XRP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.214833 USD. The next resistance located at 0.220867 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.225433 USD. After this resistance, buyers could then target 0.231467 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.6
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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/USD rating is 0.218300 USD. On the day, this instrument gained -0.50% and was between 0.207700 USD and 0.220900 USD. This implies that the price is at +5.10% from its lowest and at -1.18% from its highest.0.207700
0.220900
0.218300
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of RIPPLE - XRP/USD indicates that the overall trend is bullish. 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 15 minutes
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
MACD indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.197911 | 0.208300 | 0.213600 | 0.218300 | 0.219033 | 0.224400 | 0.231500 |
Change (%) | -9.34% | -4.58% | -2.15% | - | +0.34% | +2.79% | +6.05% |
Change | -0.020389 | -0.010000 | -0.004700 | - | +0.000733 | +0.006100 | +0.013200 |
Level | Intermediate | Minor | Minor | - | Minor | 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 | 0.204233 | 0.210267 | 0.214833 | 0.220867 | 0.225433 | 0.231467 | 0.236033 |
Camarilla | 0.216485 | 0.217457 | 0.218428 | 0.219400 | 0.220372 | 0.221343 | 0.222315 |
Woodie | 0.203500 | 0.209900 | 0.214100 | 0.220500 | 0.224700 | 0.231100 | 0.235300 |
Fibonacci | 0.210267 | 0.214316 | 0.216818 | 0.220867 | 0.224916 | 0.227418 | 0.231467 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.155467 | 0.173933 | 0.198967 | 0.217433 | 0.242467 | 0.260933 | 0.285967 |
Camarilla | 0.212038 | 0.216025 | 0.220013 | 0.224000 | 0.227988 | 0.231975 | 0.235963 |
Woodie | 0.158750 | 0.175575 | 0.202250 | 0.219075 | 0.245750 | 0.262575 | 0.289250 |
Fibonacci | 0.173933 | 0.190550 | 0.200816 | 0.217433 | 0.234050 | 0.244316 | 0.260933 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.107267 | 0.137833 | 0.174767 | 0.205333 | 0.242267 | 0.272833 | 0.309767 |
Camarilla | 0.193138 | 0.199325 | 0.205513 | 0.211700 | 0.217888 | 0.224075 | 0.230263 |
Woodie | 0.110450 | 0.139425 | 0.177950 | 0.206925 | 0.245450 | 0.274425 | 0.312950 |
Fibonacci | 0.137833 | 0.163618 | 0.179548 | 0.205333 | 0.231118 | 0.247048 | 0.272833 |
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): | 71.01 | |
MACD (12,26,9): | 0.0012 | |
Directional Movement: | 26.380099 | |
AROON (14): | 85.714286 | |
DEMA (21): | 0.214751 | |
Parabolic SAR (0,02-0,02-0,2): | 0.212316 | |
Elder Ray (13): | 0.003737 | |
Super Trend (3,10): | 0.213857 | |
Zig ZAG (10): | 0.217800 | |
VORTEX (21): | 1.2031 | |
Stochastique (14,3,5): | 90.28 | |
TEMA (21): | 0.216424 | |
Williams %R (14): | -4.88 | |
Chande Momentum Oscillator (20): | 0.005900 | |
Repulse (5,40,3): | 1.3204 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0251 | |
Courbe Coppock: | 3.80 |
MA7: | 0.218871 | |
MA20: | 0.200325 | |
MA50: | 0.184344 | |
MA100: | 0.216798 | |
MAexp7: | 0.215988 | |
MAexp20: | 0.213637 | |
MAexp50: | 0.213631 | |
MAexp100: | 0.215413 | |
Price / MA7: | -0.26% | |
Price / MA20: | +8.97% | |
Price / MA50: | +18.42% | |
Price / MA100: | +0.69% | |
Price / MAexp7: | +1.07% | |
Price / MAexp20: | +2.18% | |
Price / MAexp50: | +2.19% | |
Price / MAexp100: | +1.34% |
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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