RIPPLE - XRP/USD - 1H - Technical analysis published on 01/28/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 0.269450 USD
My targets
0.243700 USD (-5.43%)
0.235320 USD (-8.68%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.269450 USD remains possible. It is advisable to trade RIPPLE - XRP/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.269450 USD. The next bearish objective for sellers is set at 0.243700 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.235320 USD. In case of crossing, the next objective would be the support located at 0.178750 USD. PS: if there is a bullish break in the resistance located at 0.269450 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5
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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 0.257700 USD. The price registered an increase of +2.55% on the session and was between 0.247600 USD and 0.260900 USD. This implies that the price is at +4.08% from its lowest and at -1.23% from its highest.0.247600
0.260900
0.257700
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of RIPPLE - XRP/USD in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.178750 | 0.235320 | 0.243700 | 0.257700 | 0.257900 | 0.269450 | 0.284880 |
| Change (%) | -30.64% | -8.68% | -5.43% | - | +0.08% | +4.56% | +10.55% |
| Change | -0.078950 | -0.022380 | -0.014000 | - | +0.000200 | +0.011750 | +0.027180 |
| Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.215433 | 0.229567 | 0.240433 | 0.254567 | 0.265433 | 0.279567 | 0.290433 |
| Camarilla | 0.244425 | 0.246717 | 0.249008 | 0.251300 | 0.253592 | 0.255883 | 0.258175 |
| Woodie | 0.213800 | 0.228750 | 0.238800 | 0.253750 | 0.263800 | 0.278750 | 0.288800 |
| Fibonacci | 0.229567 | 0.239117 | 0.245017 | 0.254567 | 0.264117 | 0.270017 | 0.279567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.142267 | 0.191133 | 0.231567 | 0.280433 | 0.320867 | 0.369733 | 0.410167 |
| Camarilla | 0.247443 | 0.255628 | 0.263814 | 0.272000 | 0.280186 | 0.288372 | 0.296558 |
| Woodie | 0.138050 | 0.189025 | 0.227350 | 0.278325 | 0.316650 | 0.367625 | 0.405950 |
| Fibonacci | 0.191133 | 0.225246 | 0.246321 | 0.280433 | 0.314546 | 0.335621 | 0.369733 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.475033 | -0.151467 | 0.034167 | 0.357733 | 0.543367 | 0.866933 | 1.052567 |
| Camarilla | 0.079770 | 0.126447 | 0.173123 | 0.219800 | 0.266477 | 0.313153 | 0.359830 |
| Woodie | -0.544000 | -0.185950 | -0.034800 | 0.323250 | 0.474400 | 0.832450 | 0.983600 |
| Fibonacci | -0.151467 | 0.043048 | 0.163219 | 0.357733 | 0.552248 | 0.672419 | 0.866933 |
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): | 52.51 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -4.809328 | |
| AROON (14): | 42.857141 | |
| DEMA (21): | 0.255596 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.251770 | |
| Elder Ray (13): | 0.001307 | |
| Super Trend (3,10): | 0.260397 | |
| Zig ZAG (10): | 0.258000 | |
| VORTEX (21): | 1.1587 | |
| Stochastique (14,3,5): | 72.93 | |
| TEMA (21): | 0.257601 | |
| Williams %R (14): | -22.56 | |
| Chande Momentum Oscillator (20): | 0.006900 | |
| Repulse (5,40,3): | 0.4943 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0501 | |
| Courbe Coppock: | 3.56 |
| MA7: | 0.266114 | |
| MA20: | 0.283375 | |
| MA50: | 0.340852 | |
| MA100: | 0.363210 | |
| MAexp7: | 0.256777 | |
| MAexp20: | 0.256063 | |
| MAexp50: | 0.259017 | |
| MAexp100: | 0.263671 | |
| Price / MA7: | -3.16% | |
| Price / MA20: | -9.06% | |
| Price / MA50: | -24.40% | |
| Price / MA100: | -29.05% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +0.64% | |
| Price / MAexp50: | -0.51% | |
| Price / MAexp100: | -2.26% |
Quotes :
2021-01-28 12:05:21
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Real time data
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Cryptocompare
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