RIPPLE - XRP/USD - Daily - Technical analysis published on 07/18/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 0.175171 USD
My targets
0.204821 USD (+2.21%)
0.226700 USD (+13.12%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RIPPLE - XRP/USD as long as the price remains well above 0.175171 USD. The buyers” bullish objective is set at 0.204821 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.226700 USD. If there is any crossing, the next objective would be the resistance located at 0.275000 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
6.3
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This analysis was given by lokisynz1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD rating is 0.200400 USD. The price has increased by +2.98% since the last closing and was traded between 0.193900 USD and 0.202000 USD over the period. The price is currently at +3.35% from its lowest and -0.79% from its highest.0.193900
0.202000
0.200400
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this RIPPLE - XRP/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 resistance
Type : Bearish
Timeframe : Daily
Near resistance of triangle
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.136500 | 0.175171 | 0.200400 | 0.204821 | 0.226700 | 0.275000 |
| Change (%) | -31.89% | -12.59% | - | +2.21% | +13.12% | +37.23% |
| Change | -0.063900 | -0.025229 | - | +0.004421 | +0.026300 | +0.074600 |
| Level | Minor | Intermediate | - | 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 | 0.184733 | 0.187967 | 0.191233 | 0.194467 | 0.197733 | 0.200967 | 0.204233 |
| Camarilla | 0.192713 | 0.193308 | 0.193904 | 0.194500 | 0.195096 | 0.195692 | 0.196288 |
| Woodie | 0.184750 | 0.187975 | 0.191250 | 0.194475 | 0.197750 | 0.200975 | 0.204250 |
| Fibonacci | 0.187967 | 0.190450 | 0.191984 | 0.194467 | 0.196950 | 0.198484 | 0.200967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.142367 | 0.158233 | 0.179867 | 0.195733 | 0.217367 | 0.233233 | 0.254867 |
| Camarilla | 0.191188 | 0.194625 | 0.198063 | 0.201500 | 0.204938 | 0.208375 | 0.211813 |
| Woodie | 0.145250 | 0.159675 | 0.182750 | 0.197175 | 0.220250 | 0.234675 | 0.257750 |
| Fibonacci | 0.158233 | 0.172558 | 0.181408 | 0.195733 | 0.210058 | 0.218908 | 0.233233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.113567 | 0.141633 | 0.158467 | 0.186533 | 0.203367 | 0.231433 | 0.248267 |
| Camarilla | 0.162953 | 0.167068 | 0.171184 | 0.175300 | 0.179416 | 0.183532 | 0.187648 |
| Woodie | 0.107950 | 0.138825 | 0.152850 | 0.183725 | 0.197750 | 0.228625 | 0.242650 |
| Fibonacci | 0.141633 | 0.158785 | 0.169382 | 0.186533 | 0.203685 | 0.214282 | 0.231433 |
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): | 59.50 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 4.934029 | |
| AROON (14): | 28.571430 | |
| DEMA (21): | 0.196615 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.188800 | |
| Elder Ray (13): | 0.002573 | |
| Super Trend (3,10): | 0.178464 | |
| Zig ZAG (10): | 0.201100 | |
| VORTEX (21): | 1.1505 | |
| Stochastique (14,3,5): | 60.00 | |
| TEMA (21): | 0.200619 | |
| Williams %R (14): | -27.73 | |
| Chande Momentum Oscillator (20): | 0.012400 | |
| Repulse (5,40,3): | 4.2785 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1485 | |
| Courbe Coppock: | 22.07 |
| MA7: | 0.197986 | |
| MA20: | 0.190180 | |
| MA50: | 0.192482 | |
| MA100: | 0.196316 | |
| MAexp7: | 0.197384 | |
| MAexp20: | 0.193542 | |
| MAexp50: | 0.192871 | |
| MAexp100: | 0.196743 | |
| Price / MA7: | +1.22% | |
| Price / MA20: | +5.37% | |
| Price / MA50: | +4.11% | |
| Price / MA100: | +2.08% | |
| Price / MAexp7: | +1.53% | |
| Price / MAexp20: | +3.54% | |
| Price / MAexp50: | +3.90% | |
| Price / MAexp100: | +1.86% |
Quotes :
2020-07-18 21:11:42
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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