RIPPLE - XRP/USD - 1H - Technical analysis published on 11/09/2020 (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:
Bullish
De fond:
Slightly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 0.244000 USD
My targets
0.257200 USD (+1.46%)
0.261900 USD (+3.31%)
My analysis
The basic trend is currently slightly bullish on RIPPLE - XRP/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 0.244000 USD, purchases could be favourable. The first bullish objective would be the resistance located at 0.257200 USD. Then the price could move towards 0.261900 USD. Then 0.282300 USD by extension. A return under the support to 0.244000 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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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
The RIPPLE - XRP/USD rating is 0.253500 USD. The price is lower by -0.12% since the last closing with the lowest point at 0.249300 USD and the highest point at 0.256000 USD. The deviation from the price is +1.68% for the low point and -0.98% for the high point.0.249300
0.256000
0.253500
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RIPPLE - XRP/USD in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the 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:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.232850 | 0.240200 | 0.244000 | 0.253500 | 0.257200 | 0.261900 | 0.282300 |
| Change (%) | -8.15% | -5.25% | -3.75% | - | +1.46% | +3.31% | +11.36% |
| Change | -0.020650 | -0.013300 | -0.009500 | - | +0.003700 | +0.008400 | +0.028800 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.239267 | 0.243533 | 0.248667 | 0.252933 | 0.258067 | 0.262333 | 0.267467 |
| Camarilla | 0.251215 | 0.252077 | 0.252938 | 0.253800 | 0.254662 | 0.255523 | 0.256385 |
| Woodie | 0.239700 | 0.243750 | 0.249100 | 0.253150 | 0.258500 | 0.262550 | 0.267900 |
| Fibonacci | 0.243533 | 0.247124 | 0.249343 | 0.252933 | 0.256524 | 0.258743 | 0.262333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.190133 | 0.209267 | 0.229233 | 0.248367 | 0.268333 | 0.287467 | 0.307433 |
| Camarilla | 0.238448 | 0.242032 | 0.245616 | 0.249200 | 0.252784 | 0.256368 | 0.259953 |
| Woodie | 0.190550 | 0.209475 | 0.229650 | 0.248575 | 0.268750 | 0.287675 | 0.307850 |
| Fibonacci | 0.209267 | 0.224203 | 0.233431 | 0.248367 | 0.263303 | 0.272531 | 0.287467 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.79 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -7.072682 | |
| AROON (14): | -57.142859 | |
| DEMA (21): | 0.251858 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.254081 | |
| Elder Ray (13): | -0.000222 | |
| Super Trend (3,10): | 0.256384 | |
| Zig ZAG (10): | 0.252000 | |
| VORTEX (21): | 0.9541 | |
| Stochastique (14,3,5): | 41.79 | |
| TEMA (21): | 0.251723 | |
| Williams %R (14): | -49.25 | |
| Chande Momentum Oscillator (20): | -0.001100 | |
| Repulse (5,40,3): | 0.5238 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0217 | |
| Courbe Coppock: | 2.03 |
| MA7: | 0.248257 | |
| MA20: | 0.247755 | |
| MA50: | 0.245126 | |
| MA100: | 0.259431 | |
| MAexp7: | 0.252138 | |
| MAexp20: | 0.252663 | |
| MAexp50: | 0.253212 | |
| MAexp100: | 0.251639 | |
| Price / MA7: | +2.11% | |
| Price / MA20: | +2.32% | |
| Price / MA50: | +3.42% | |
| Price / MA100: | -2.29% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.74% |
Quotes :
2020-11-09 11:19:53
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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