RIPPLE - XRP/USD - 1H - Technical analysis published on 11/02/2020 (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:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.240200 USD
My targets
0.231100 USD (-1.58%)
0.221300 USD (-5.75%)
My analysis
RIPPLE - XRP/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.240200 USD. The next support located at 0.231100 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.221300 USD. Below this support, sellers could then target 0.193467 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD rating is 0.234800 USD. The price registered a decrease of -2.21% on the session and was traded between 0.233000 USD and 0.244900 USD over the period. The price is currently at +0.77% from its lowest and -4.12% from its highest.0.233000
0.244900
0.234800
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this RIPPLE - XRP/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish 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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.193467 | 0.221300 | 0.231100 | 0.234800 | 0.240200 | 0.247278 | 0.251585 |
| Change (%) | -17.60% | -5.75% | -1.58% | - | +2.30% | +5.31% | +7.15% |
| Change | -0.041333 | -0.013500 | -0.003700 | - | +0.005400 | +0.012478 | +0.016785 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.232900 | 0.234900 | 0.237500 | 0.239500 | 0.242100 | 0.244100 | 0.246700 |
| Camarilla | 0.238835 | 0.239257 | 0.239678 | 0.240100 | 0.240522 | 0.240943 | 0.241365 |
| Woodie | 0.233200 | 0.235050 | 0.237800 | 0.239650 | 0.242400 | 0.244250 | 0.247000 |
| Fibonacci | 0.234900 | 0.236657 | 0.237743 | 0.239500 | 0.241257 | 0.242343 | 0.244100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.199833 | 0.215467 | 0.227733 | 0.243367 | 0.255633 | 0.271267 | 0.283533 |
| Camarilla | 0.232328 | 0.234885 | 0.237443 | 0.240000 | 0.242558 | 0.245115 | 0.247673 |
| Woodie | 0.198150 | 0.214625 | 0.226050 | 0.242525 | 0.253950 | 0.270425 | 0.281850 |
| Fibonacci | 0.215467 | 0.226125 | 0.232709 | 0.243367 | 0.254025 | 0.260609 | 0.271267 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.189800 | 0.209400 | 0.224700 | 0.244300 | 0.259600 | 0.279200 | 0.294500 |
| Camarilla | 0.230403 | 0.233602 | 0.236801 | 0.240000 | 0.243199 | 0.246398 | 0.249598 |
| Woodie | 0.187650 | 0.208325 | 0.222550 | 0.243225 | 0.257450 | 0.278125 | 0.292350 |
| Fibonacci | 0.209400 | 0.222732 | 0.230968 | 0.244300 | 0.257632 | 0.265868 | 0.279200 |
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): | 36.80 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -17.862169 | |
| AROON (14): | -71.428574 | |
| DEMA (21): | 0.236273 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.240161 | |
| Elder Ray (13): | -0.001873 | |
| Super Trend (3,10): | 0.240571 | |
| Zig ZAG (10): | 0.234800 | |
| VORTEX (21): | 0.8642 | |
| Stochastique (14,3,5): | 22.75 | |
| TEMA (21): | 0.235730 | |
| Williams %R (14): | -77.19 | |
| Chande Momentum Oscillator (20): | -0.005000 | |
| Repulse (5,40,3): | 0.2090 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0448 | |
| Courbe Coppock: | 4.59 |
| MA7: | 0.242271 | |
| MA20: | 0.246245 | |
| MA50: | 0.245102 | |
| MA100: | 0.259144 | |
| MAexp7: | 0.236075 | |
| MAexp20: | 0.237742 | |
| MAexp50: | 0.239048 | |
| MAexp100: | 0.240727 | |
| Price / MA7: | -3.08% | |
| Price / MA20: | -4.65% | |
| Price / MA50: | -4.20% | |
| Price / MA100: | -9.39% | |
| Price / MAexp7: | -0.54% | |
| Price / MAexp20: | -1.24% | |
| Price / MAexp50: | -1.78% | |
| Price / MAexp100: | -2.46% |
Quotes :
2020-11-02 16:49:25
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Real time data
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