RIPPLE - XRP/USD - 1H - Technical analysis published on 09/29/2020 (GMT)
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- 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 bearish
De fond:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.242778 USD
My targets
0.236300 USD (-1.62%)
0.229680 USD (-4.38%)
My analysis
In the short term, we can see an acceleration in the bearish trend on RIPPLE - XRP/USD, which is a positive signal for sellers. As long as the price remains above 0.242778 USD, a sale could be considered. The first bearish objective is located at 0.236300 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.229680 USD as an objective. Crossing it would then enable sellers to target 0.219800 USD. If the price were to return above 0.242778 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5
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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
RIPPLE - XRP/USD rating 0.240200 USD. On the day, this instrument lost -0.25% and was between 0.240000 USD and 0.246500 USD. This implies that the price is at +0.08% from its lowest and at -2.56% from its highest.0.240000
0.246500
0.240200
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RIPPLE - XRP/USD in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.219800 | 0.229680 | 0.236300 | 0.240200 | 0.242778 | 0.246400 | 0.252400 |
| Change (%) | -8.49% | -4.38% | -1.62% | - | +1.07% | +2.58% | +5.08% |
| Change | -0.020400 | -0.010520 | -0.003900 | - | +0.002578 | +0.006200 | +0.012200 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 0.229467 | 0.234733 | 0.237767 | 0.243033 | 0.246067 | 0.251333 | 0.254367 |
| Camarilla | 0.238518 | 0.239278 | 0.240039 | 0.240800 | 0.241561 | 0.242322 | 0.243083 |
| Woodie | 0.228350 | 0.234175 | 0.236650 | 0.242475 | 0.244950 | 0.250775 | 0.253250 |
| Fibonacci | 0.234733 | 0.237904 | 0.239863 | 0.243033 | 0.246204 | 0.248163 | 0.251333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.192533 | 0.206167 | 0.223833 | 0.237467 | 0.255133 | 0.268767 | 0.286433 |
| Camarilla | 0.232893 | 0.235762 | 0.238631 | 0.241500 | 0.244369 | 0.247238 | 0.250108 |
| Woodie | 0.194550 | 0.207175 | 0.225850 | 0.238475 | 0.257150 | 0.269775 | 0.288450 |
| Fibonacci | 0.206167 | 0.218123 | 0.225510 | 0.237467 | 0.249423 | 0.256810 | 0.268767 |
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): | 41.30 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -4.907216 | |
| AROON (14): | 35.714285 | |
| DEMA (21): | 0.242999 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.246118 | |
| Elder Ray (13): | -0.002098 | |
| Super Trend (3,10): | 0.245554 | |
| Zig ZAG (10): | 0.240800 | |
| VORTEX (21): | 0.8704 | |
| Stochastique (14,3,5): | 19.17 | |
| TEMA (21): | 0.242598 | |
| Williams %R (14): | -95.24 | |
| Chande Momentum Oscillator (20): | -0.001500 | |
| Repulse (5,40,3): | -1.4093 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0047 | |
| Courbe Coppock: | 0.89 |
| MA7: | 0.237657 | |
| MA20: | 0.241955 | |
| MA50: | 0.262718 | |
| MA100: | 0.240278 | |
| MAexp7: | 0.243701 | |
| MAexp20: | 0.243462 | |
| MAexp50: | 0.243099 | |
| MAexp100: | 0.241686 | |
| Price / MA7: | +1.07% | |
| Price / MA20: | -0.73% | |
| Price / MA50: | -8.57% | |
| Price / MA100: | -0.03% | |
| Price / MAexp7: | -1.44% | |
| Price / MAexp20: | -1.34% | |
| Price / MAexp50: | -1.19% | |
| Price / MAexp100: | -0.61% |
Quotes :
2020-09-29 16:12:16
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Real time data
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