RIPPLE - XRP/USD - 1H - Technical analysis published on 06/10/2020 (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:
Strongly bearish
Technical indicators
39%
50%
11%
My opinion
Bearish under 0.204838 USD
My targets
0.198900 USD (-1.24%)
0.197100 USD (-2.14%)
My analysis
The bearish trend is currently very strong for RIPPLE - XRP/USD. As long as the price remains below the resistance at 0.204838 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.198900 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.197100 USD as an objective. Crossing it would then enable sellers to target 0.193600 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.4
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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 price is 0.201400 USD. The price has increased by +0.00% since the last closing with the lowest point at 0.201000 USD and the highest point at 0.202700 USD. The deviation from the price is +0.20% for the low point and -0.64% for the high point.0.201000
0.202700
0.201400
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of RIPPLE - XRP/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.197100 | 0.198900 | 0.200600 | 0.201400 | 0.204838 | 0.207300 | 0.214600 |
| Change (%) | -2.14% | -1.24% | -0.40% | - | +1.71% | +2.93% | +6.55% |
| Change | -0.004300 | -0.002500 | -0.000800 | - | +0.003438 | +0.005900 | +0.013200 |
| Level | Minor | Minor | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.194400 | 0.197400 | 0.199400 | 0.202400 | 0.204400 | 0.207400 | 0.209400 |
| Camarilla | 0.200025 | 0.200483 | 0.200942 | 0.201400 | 0.201858 | 0.202317 | 0.202775 |
| Woodie | 0.193900 | 0.197150 | 0.198900 | 0.202150 | 0.203900 | 0.207150 | 0.208900 |
| Fibonacci | 0.197400 | 0.199310 | 0.200490 | 0.202400 | 0.204310 | 0.205490 | 0.207400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.178167 | 0.187633 | 0.195667 | 0.205133 | 0.213167 | 0.222633 | 0.230667 |
| Camarilla | 0.198888 | 0.200492 | 0.202096 | 0.203700 | 0.205304 | 0.206908 | 0.208513 |
| Woodie | 0.177450 | 0.187275 | 0.194950 | 0.204775 | 0.212450 | 0.222275 | 0.229950 |
| Fibonacci | 0.187633 | 0.194318 | 0.198448 | 0.205133 | 0.211818 | 0.215948 | 0.222633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.132567 | 0.156333 | 0.179367 | 0.203133 | 0.226167 | 0.249933 | 0.272967 |
| Camarilla | 0.189530 | 0.193820 | 0.198110 | 0.202400 | 0.206690 | 0.210980 | 0.215270 |
| Woodie | 0.132200 | 0.156150 | 0.179000 | 0.202950 | 0.225800 | 0.249750 | 0.272600 |
| Fibonacci | 0.156333 | 0.174211 | 0.185256 | 0.203133 | 0.221011 | 0.232056 | 0.249933 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.23 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -6.837654 | |
| AROON (14): | 78.571426 | |
| DEMA (21): | 0.201589 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.200579 | |
| Elder Ray (13): | -0.000463 | |
| Super Trend (3,10): | 0.203514 | |
| Zig ZAG (10): | 0.201400 | |
| VORTEX (21): | 0.9487 | |
| Stochastique (14,3,5): | 35.08 | |
| TEMA (21): | 0.201505 | |
| Williams %R (14): | -76.47 | |
| Chande Momentum Oscillator (20): | -0.000500 | |
| Repulse (5,40,3): | 0.0221 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0162 | |
| Courbe Coppock: | 0.12 |
| MA7: | 0.203043 | |
| MA20: | 0.201320 | |
| MA50: | 0.204122 | |
| MA100: | 0.193441 | |
| MAexp7: | 0.201672 | |
| MAexp20: | 0.201855 | |
| MAexp50: | 0.202197 | |
| MAexp100: | 0.202622 | |
| Price / MA7: | -0.81% | |
| Price / MA20: | +0.04% | |
| Price / MA50: | -1.33% | |
| Price / MA100: | +4.11% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | -0.39% | |
| Price / MAexp100: | -0.60% |
Quotes :
2020-06-10 10:09:21
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Real time data
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