RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - Daily - Technical analysis published on 06/13/2020 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Bearish

Technical indicators

17%

78%

My opinion

Bearish under 0.203133 USD

My targets

0.165600 USD (-14.24%)

0.136500 USD (-29.31%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RIPPLE - XRP/USD as long as the price remains well below 0.203133 USD. The sellers” bearish objective is set at 0.165600 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.136500 USD.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

FORCE

6.3

Comment on the analysis

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RIPPLE - XRP/USD rating 0.193100 USD. The price has increased by +0.10% since the last closing and was between 0.191000 USD and 0.193800 USD. This implies that the price is at +1.10% from its lowest and at -0.36% from its highest.

0.191000

0.193800

0.193100

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

Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USD:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of RIPPLE - XRP/USD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.136500	0.165600	0.193100	0.193600	0.226700	0.245400
Change (%)	-29.31%	-14.24%	-	+0.26%	+17.40%	+27.08%
Change	-0.056600	-0.027500	-	+0.000500	+0.033600	+0.052300
Level	Major	Minor	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.179900	0.183300	0.188100	0.191500	0.196300	0.199700	0.204500
Camarilla	0.190645	0.191397	0.192148	0.192900	0.193652	0.194403	0.195155
Woodie	0.180600	0.183650	0.188800	0.191850	0.197000	0.200050	0.205200
Fibonacci	0.183300	0.186432	0.188368	0.191500	0.194632	0.196568	0.199700

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	42.92
MACD (12,26,9):	-0.0017
Directional Movement:	-13.951556
AROON (14):	-64.285715
DEMA (21):	0.198105
Parabolic SAR (0,02-0,02-0,2):	0.208864
Elder Ray (13):	-0.006342
Super Trend (3,10):	0.214693
Zig ZAG (10):	0.192900
VORTEX (21):	0.9541
Stochastique (14,3,5):	22.30
TEMA (21):	0.196143
Williams %R (14):	-72.30
Chande Momentum Oscillator (20):	-0.017800
Repulse (5,40,3):	-1.3999
ROCnROLL:	2
TRIX (15,9):	-0.0336
Courbe Coppock:	3.04

MA7:	0.198086
MA20:	0.200505
MA50:	0.204164
MA100:	0.192127
MAexp7:	0.196649
MAexp20:	0.199767
MAexp50:	0.200608
MAexp100:	0.203937
Price / MA7:	-2.52%
Price / MA20:	-3.69%
Price / MA50:	-5.42%
Price / MA100:	+0.51%
Price / MAexp7:	-1.80%
Price / MAexp20:	-3.34%
Price / MAexp50:	-3.74%
Price / MAexp100:	-5.31%

Quotes : 2020-06-13 17:58:53 - Real time data - Cryptocompare

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

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