RIPPLE - XRP/USD - Daily - Technical analysis published on 08/02/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Additional analysis
Quotes
RIPPLE - XRP/USD rating 0.293700 USD. The price has increased by +0.86% since the last closing and was between 0.290000 USD and 0.295300 USD. This implies that the price is at +1.28% from its lowest and at -0.54% from its highest.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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of RIPPLE - XRP/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
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:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : Daily
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.226700 | 0.245400 | 0.275000 | 0.293700 | 0.336800 | 0.476285 | 0.923400 |
Change (%) | -22.81% | -16.45% | -6.37% | - | +14.67% | +62.17% | +214.40% |
Change | -0.067000 | -0.048300 | -0.018700 | - | +0.043100 | +0.182585 | +0.629700 |
Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.223533 | 0.239867 | 0.265533 | 0.281867 | 0.307533 | 0.323867 | 0.349533 |
Camarilla | 0.279650 | 0.283500 | 0.287350 | 0.291200 | 0.295050 | 0.298900 | 0.302750 |
Woodie | 0.228200 | 0.242200 | 0.270200 | 0.284200 | 0.312200 | 0.326200 | 0.354200 |
Fibonacci | 0.239867 | 0.255911 | 0.265823 | 0.281867 | 0.297911 | 0.307823 | 0.323867 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.146033 | 0.177867 | 0.234533 | 0.266367 | 0.323033 | 0.354867 | 0.411533 |
Camarilla | 0.266863 | 0.274975 | 0.283088 | 0.291200 | 0.299313 | 0.307425 | 0.315538 |
Woodie | 0.158450 | 0.184075 | 0.246950 | 0.272575 | 0.335450 | 0.361075 | 0.423950 |
Fibonacci | 0.177867 | 0.211674 | 0.232560 | 0.266367 | 0.300174 | 0.321060 | 0.354867 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.112100 | 0.142200 | 0.200900 | 0.231000 | 0.289700 | 0.319800 | 0.378500 |
Camarilla | 0.235180 | 0.243320 | 0.251460 | 0.259600 | 0.267740 | 0.275880 | 0.284020 |
Woodie | 0.126400 | 0.149350 | 0.215200 | 0.238150 | 0.304000 | 0.326950 | 0.392800 |
Fibonacci | 0.142200 | 0.176122 | 0.197078 | 0.231000 | 0.264922 | 0.285878 | 0.319800 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 89.31 | |
MACD (12,26,9): | 0.0211 | |
Directional Movement: | 43.213004 | |
AROON (14): | 85.714283 | |
DEMA (21): | 0.254308 | |
Parabolic SAR (0,02-0,02-0,2): | 0.241987 | |
Elder Ray (13): | 0.049831 | |
Super Trend (3,10): | 0.250360 | |
Zig ZAG (10): | 0.292300 | |
VORTEX (21): | 1.3722 | |
Stochastique (14,3,5): | 94.77 | |
TEMA (21): | 0.269877 | |
Williams %R (14): | -7.13 | |
Chande Momentum Oscillator (20): | 0.091100 | |
Repulse (5,40,3): | 14.6239 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.8852 | |
Courbe Coppock: | 58.68 |
MA7: | 0.255114 | |
MA20: | 0.220585 | |
MA50: | 0.200502 | |
MA100: | 0.202333 | |
MAexp7: | 0.260626 | |
MAexp20: | 0.230562 | |
MAexp50: | 0.211184 | |
MAexp100: | 0.205272 | |
Price / MA7: | +15.13% | |
Price / MA20: | +33.15% | |
Price / MA50: | +46.48% | |
Price / MA100: | +45.16% | |
Price / MAexp7: | +12.69% | |
Price / MAexp20: | +27.38% | |
Price / MAexp50: | +39.07% | |
Price / MAexp100: | +43.08% |
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