RIPPLE - XRP/USD - Daily - Technical analysis published on 06/24/2020 (GMT)
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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%
56%
28%
My opinion
Bearish under 0.203133 USD
My targets
0.165600 USD (-10.29%)
0.136500 USD (-26.06%)
My analysis
RIPPLE - XRP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.203133 USD. The next support located at 0.165600 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.136500 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.5
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RIPPLE - XRP/USD rating 0.184600 USD. The price is lower by -2.23% since the last closing with the lowest point at 0.182300 USD and the highest point at 0.190100 USD. The deviation from the price is +1.26% for the low point and -2.89% for the high point.0.182300
0.190100
0.184600
A study of price movements over other periods shows the following variations:
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 currently does not detect any result that concerns moving averages.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.136500 | 0.165600 | 0.184600 | 0.188043 | 0.226700 | 0.275245 |
Change (%) | -26.06% | -10.29% | - | +1.87% | +22.81% | +49.10% |
Change | -0.048100 | -0.019000 | - | +0.003443 | +0.042100 | +0.090645 |
Level | Minor | Minor | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.185867 | 0.187133 | 0.187967 | 0.189233 | 0.190067 | 0.191333 | 0.192167 |
Camarilla | 0.188223 | 0.188415 | 0.188608 | 0.188800 | 0.188993 | 0.189185 | 0.189378 |
Woodie | 0.185650 | 0.187025 | 0.187750 | 0.189125 | 0.189850 | 0.191225 | 0.191950 |
Fibonacci | 0.187133 | 0.187936 | 0.188431 | 0.189233 | 0.190036 | 0.190531 | 0.191333 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.163800 | 0.172900 | 0.180400 | 0.189500 | 0.197000 | 0.206100 | 0.213600 |
Camarilla | 0.183335 | 0.184857 | 0.186378 | 0.187900 | 0.189422 | 0.190943 | 0.192465 |
Woodie | 0.163000 | 0.172500 | 0.179600 | 0.189100 | 0.196200 | 0.205700 | 0.212800 |
Fibonacci | 0.172900 | 0.179241 | 0.183159 | 0.189500 | 0.195841 | 0.199759 | 0.206100 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 37.22 | |
MACD (12,26,9): | -0.0038 | |
Directional Movement: | -16.742856 | |
AROON (14): | -35.714287 | |
DEMA (21): | 0.187628 | |
Parabolic SAR (0,02-0,02-0,2): | 0.203132 | |
Elder Ray (13): | -0.003980 | |
Super Trend (3,10): | 0.203906 | |
Zig ZAG (10): | 0.184300 | |
VORTEX (21): | 0.8443 | |
Stochastique (14,3,5): | 24.63 | |
TEMA (21): | 0.185272 | |
Williams %R (14): | -89.35 | |
Chande Momentum Oscillator (20): | -0.008500 | |
Repulse (5,40,3): | -2.8774 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.2334 | |
Courbe Coppock: | 12.22 |
MA7: | 0.187543 | |
MA20: | 0.193690 | |
MA50: | 0.198974 | |
MA100: | 0.192429 | |
MAexp7: | 0.187927 | |
MAexp20: | 0.192255 | |
MAexp50: | 0.196438 | |
MAexp100: | 0.201274 | |
Price / MA7: | -1.57% | |
Price / MA20: | -4.69% | |
Price / MA50: | -7.22% | |
Price / MA100: | -4.07% | |
Price / MAexp7: | -1.77% | |
Price / MAexp20: | -3.98% | |
Price / MAexp50: | -6.03% | |
Price / MAexp100: | -8.28% |
Quotes :
2020-06-24 13:06:10
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Real time data
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Cryptocompare
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