RIPPLE - XRP/USD
RIPPLE - XRP/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XRPUSD
ISIN:

RIPPLE - XRP/USD - 1H - Technical analysis published on 07/01/2020 (GMT)

  • Who voted?
  • 138
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • 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 bullish
De fond: Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.174933 USD
My targets
0.186600 USD (+4.95%)
0.188609 USD (+6.08%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on RIPPLE - XRP/USD as long as the price remains well above 0.174933 USD. The buyers” bullish objective is set at 0.186600 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.188609 USD. If there is any crossing, the next objective would be the resistance located at 0.226700 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
5.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RIPPLE - XRP/USD rating is 0.177800 USD. The price has increased by +1.43% since the last closing and was between 0.173800 USD and 0.178400 USD. This implies that the price is at +2.30% from its lowest and at -0.34% from its highest.

0.173800
0.178400
0.177800

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of RIPPLE - XRP/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.169700 0.173300 0.174933 0.177800 0.178333 0.186600 0.188609
Change (%) -4.56% -2.53% -1.61% - +0.30% +4.95% +6.08%
Change -0.008100 -0.004500 -0.002867 - +0.000533 +0.008800 +0.010809
Level Major Minor Intermediate - Major Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1713000.1731000.1742000.1760000.1771000.1789000.180000
Camarilla0.1745030.1747680.1750340.1753000.1755660.1758320.176098
Woodie0.1709500.1729250.1738500.1758250.1767500.1787250.179650
Fibonacci0.1731000.1742080.1748920.1760000.1771080.1777920.178900


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1454330.1575670.1662330.1783670.1870330.1991670.207833
Camarilla0.1691800.1710870.1729930.1749000.1768070.1787130.180620
Woodie0.1437000.1567000.1645000.1775000.1853000.1983000.206100
Fibonacci0.1575670.1655120.1704210.1783670.1863120.1912210.199167


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1135670.1416330.1584670.1865330.2033670.2314330.248267
Camarilla0.1629530.1670680.1711840.1753000.1794160.1835320.187648
Woodie0.1079500.1388250.1528500.1837250.1977500.2286250.242650
Fibonacci0.1416330.1587850.1693820.1865330.2036850.2142820.231433

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): 65.14
MACD (12,26,9): 0.0003
Directional Movement: 14.527155
AROON (14): 71.428568
DEMA (21): 0.176568
Parabolic SAR (0,02-0,02-0,2): 0.176026
Elder Ray (13): 0.001238
Super Trend (3,10): 0.175381
Zig ZAG (10): 0.177700
VORTEX (21): 1.1037
Stochastique (14,3,5): 84.47
TEMA (21): 0.177066
Williams %R (14): -16.67
Chande Momentum Oscillator (20): 0.002000
Repulse (5,40,3): 0.5083
ROCnROLL: 1
TRIX (15,9): 0.0006
Courbe Coppock: 1.62
MA7: 0.178129
MA20: 0.185915
MA50: 0.195084
MA100: 0.193807
MAexp7: 0.176952
MAexp20: 0.176312
MAexp50: 0.176380
MAexp100: 0.177317
Price / MA7: -0.18%
Price / MA20: -4.36%
Price / MA50: -8.86%
Price / MA100: -8.26%
Price / MAexp7: +0.48%
Price / MAexp20: +0.84%
Price / MAexp50: +0.81%
Price / MAexp100: +0.27%

Quotes : 2020-07-01 17:31:03 - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15104
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis RIPPLE - XRP/USD - 1H