RIPPLE - XRP/USD - 15 min. - Technical analysis published on 09/09/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.237067 USD
My targets
0.242833 USD (+1.43%)
0.249367 USD (+4.16%)
My analysis
RIPPLE - XRP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.237067 USD. The next resistance located at 0.242833 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.249367 USD. After this resistance, buyers could then target 0.255133 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD rating is 0.239400 USD. The price registered an increase of +1.31% on the session and was between 0.233200 USD and 0.239700 USD. This implies that the price is at +2.66% from its lowest and at -0.13% from its highest.0.233200
0.239700
0.239400
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this RIPPLE - XRP/USD chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
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:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 15 minutes
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.174900 | 0.193783 | 0.226700 | 0.239400 | 0.245400 | 0.264300 | 0.275000 |
| Change (%) | -26.94% | -19.05% | -5.30% | - | +2.51% | +10.40% | +14.87% |
| Change | -0.064500 | -0.045617 | -0.012700 | - | +0.006000 | +0.024900 | +0.035600 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Major |
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 | 0.218233 | 0.224767 | 0.230533 | 0.237067 | 0.242833 | 0.249367 | 0.255133 |
| Camarilla | 0.232918 | 0.234045 | 0.235173 | 0.236300 | 0.237428 | 0.238555 | 0.239683 |
| Woodie | 0.217850 | 0.224575 | 0.230150 | 0.236875 | 0.242450 | 0.249175 | 0.254750 |
| Fibonacci | 0.224767 | 0.229465 | 0.232368 | 0.237067 | 0.241765 | 0.244668 | 0.249367 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.138100 | 0.184700 | 0.210900 | 0.257500 | 0.283700 | 0.330300 | 0.356500 |
| Camarilla | 0.217080 | 0.223753 | 0.230427 | 0.237100 | 0.243773 | 0.250447 | 0.257120 |
| Woodie | 0.127900 | 0.179600 | 0.200700 | 0.252400 | 0.273500 | 0.325200 | 0.346300 |
| Fibonacci | 0.184700 | 0.212510 | 0.229690 | 0.257500 | 0.285310 | 0.302490 | 0.330300 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.167733 | 0.208867 | 0.245033 | 0.286167 | 0.322333 | 0.363467 | 0.399633 |
| Camarilla | 0.259943 | 0.267028 | 0.274114 | 0.281200 | 0.288286 | 0.295372 | 0.302458 |
| Woodie | 0.165250 | 0.207625 | 0.242550 | 0.284925 | 0.319850 | 0.362225 | 0.397150 |
| Fibonacci | 0.208867 | 0.238395 | 0.256638 | 0.286167 | 0.315695 | 0.333938 | 0.363467 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.73 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 12.000431 | |
| AROON (14): | 42.857146 | |
| DEMA (21): | 0.238624 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.239478 | |
| Elder Ray (13): | 0.000534 | |
| Super Trend (3,10): | 0.236662 | |
| Zig ZAG (10): | 0.238900 | |
| VORTEX (21): | 1.1632 | |
| Stochastique (14,3,5): | 80.02 | |
| TEMA (21): | 0.239143 | |
| Williams %R (14): | -36.36 | |
| Chande Momentum Oscillator (20): | 0.000400 | |
| Repulse (5,40,3): | -0.3561 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0448 | |
| Courbe Coppock: | 2.06 |
| MA7: | 0.241814 | |
| MA20: | 0.266555 | |
| MA50: | 0.270296 | |
| MA100: | 0.231112 | |
| MAexp7: | 0.238382 | |
| MAexp20: | 0.237613 | |
| MAexp50: | 0.236783 | |
| MAexp100: | 0.236769 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | -10.19% | |
| Price / MA50: | -11.43% | |
| Price / MA100: | +3.59% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +0.75% | |
| Price / MAexp50: | +1.11% | |
| Price / MAexp100: | +1.11% |
Quotes :
2020-09-09 09:25:25
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Real time data
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