RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - Daily - Technical analysis published on 02/13/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.582300 USD

My targets

0.694500 USD (+12.45%)

My analysis

The bullish trend is currently very strong on RIPPLE - XRP/USD. As long as the price remains above the support at 0.582300 USD, you could try to benefit from the boom. The first bullish objective is located at 0.694500 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Alexjuice. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RIPPLE - XRP/USD price is 0.617600 USD. The price has increased by +1.16% since the last closing and was between 0.607100 USD and 0.643200 USD. This implies that the price is at +1.73% from its lowest and at -3.98% from its highest.

0.607100

0.643200

0.617600

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USD:

Technical

A technical analysis in Daily of this RIPPLE - XRP/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.403800	0.474100	0.582300	0.617600	0.694500
Change (%)	-34.62%	-23.24%	-5.72%	-	+12.45%
Change	-0.213800	-0.143500	-0.035300	-	+0.076900
Level	Intermediate	Intermediate	Intermediate	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.445833	0.482567	0.546533	0.583267	0.647233	0.683967	0.747933
Camarilla	0.582808	0.592038	0.601269	0.610500	0.619731	0.628962	0.638193
Woodie	0.459450	0.489375	0.560150	0.590075	0.660850	0.690775	0.761550
Fibonacci	0.482567	0.521034	0.544799	0.583267	0.621734	0.645499	0.683967

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.147100	0.096500	0.270200	0.513800	0.687500	0.931100	1.104800
Camarilla	0.329143	0.367395	0.405648	0.443900	0.482153	0.520405	0.558658
Woodie	-0.182050	0.079025	0.235250	0.496325	0.652550	0.913625	1.069850
Fibonacci	0.096500	0.255909	0.354391	0.513800	0.673209	0.771691	0.931100

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.004733	0.103433	0.298967	0.407133	0.602667	0.710833	0.906367
Camarilla	0.410983	0.438822	0.466661	0.494500	0.522339	0.550178	0.578018
Woodie	0.038950	0.125275	0.342650	0.428975	0.646350	0.732675	0.950050
Fibonacci	0.103433	0.219447	0.291120	0.407133	0.523147	0.594820	0.710833

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):	75.58
MACD (12,26,9):	0.0674
Directional Movement:	37.207576
AROON (14):	14.285714
DEMA (21):	0.524144
Parabolic SAR (0,02-0,02-0,2):	0.715710
Elder Ray (13):	0.139547
Super Trend (3,10):	0.417460
Zig ZAG (10):	0.621100
VORTEX (21):	1.2101
Stochastique (14,3,5):	63.17
TEMA (21):	0.578584
Williams %R (14):	-33.45
Chande Momentum Oscillator (20):	0.248300
Repulse (5,40,3):	17.7246
ROCnROLL:	1
TRIX (15,9):	1.9979
Courbe Coppock:	130.47

MA7:	0.515800
MA20:	0.418950
MA50:	0.330434
MA100:	0.397135
MAexp7:	0.535184
MAexp20:	0.447356
MAexp50:	0.391354
MAexp100:	0.369632
Price / MA7:	+19.74%
Price / MA20:	+47.42%
Price / MA50:	+86.91%
Price / MA100:	+55.51%
Price / MAexp7:	+15.40%
Price / MAexp20:	+38.06%
Price / MAexp50:	+57.81%
Price / MAexp100:	+67.09%

Quotes : 2021-02-13 06:35:23 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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