RIPPLE - XRP/USD - 1H - Technical analysis published on 03/16/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.464520 USD
My targets
0.487900 USD (+3.02%)
0.522600 USD (+10.35%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RIPPLE - XRP/USD as long as the price remains well above 0.464520 USD. The buyers” bullish objective is set at 0.487900 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.522600 USD. If there is any crossing, the next objective would be the resistance located at 0.582300 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
7.5
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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 price is 0.473600 USD. The price has increased by +8.72% since the last closing with the lowest point at 0.427400 USD and the highest point at 0.519700 USD. The deviation from the price is +10.81% for the low point and -8.87% for the high point.0.427400
0.519700
0.473600
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of RIPPLE - XRP/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
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 | 0.443164 | 0.455556 | 0.464520 | 0.473600 | 0.474100 | 0.487900 | 0.582300 |
| Change (%) | -6.43% | -3.81% | -1.92% | - | +0.11% | +3.02% | +22.95% |
| Change | -0.030436 | -0.018044 | -0.009080 | - | +0.000500 | +0.014300 | +0.108700 |
| Level | Intermediate | Minor | Minor | - | Major | Intermediate | Intermediate |
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 | 0.398267 | 0.410733 | 0.423167 | 0.435633 | 0.448067 | 0.460533 | 0.472967 |
| Camarilla | 0.428753 | 0.431035 | 0.433318 | 0.435600 | 0.437883 | 0.440165 | 0.442448 |
| Woodie | 0.398250 | 0.410725 | 0.423150 | 0.435625 | 0.448050 | 0.460525 | 0.472950 |
| Fibonacci | 0.410733 | 0.420245 | 0.426122 | 0.435633 | 0.445145 | 0.451022 | 0.460533 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.358700 | 0.391000 | 0.424500 | 0.456800 | 0.490300 | 0.522600 | 0.556100 |
| Camarilla | 0.439905 | 0.445937 | 0.451968 | 0.458000 | 0.464032 | 0.470063 | 0.476095 |
| Woodie | 0.359300 | 0.391300 | 0.425100 | 0.457100 | 0.490900 | 0.522900 | 0.556700 |
| Fibonacci | 0.391000 | 0.416136 | 0.431664 | 0.456800 | 0.481936 | 0.497464 | 0.522600 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.165300 | 0.087400 | 0.252000 | 0.504700 | 0.669300 | 0.922000 | 1.086600 |
| Camarilla | 0.301843 | 0.340095 | 0.378348 | 0.416600 | 0.454853 | 0.493105 | 0.531358 |
| Woodie | -0.209350 | 0.065375 | 0.207950 | 0.482675 | 0.625250 | 0.899975 | 1.042550 |
| Fibonacci | 0.087400 | 0.246809 | 0.345291 | 0.504700 | 0.664109 | 0.762591 | 0.922000 |
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): | 67.82 | |
| MACD (12,26,9): | 0.0101 | |
| Directional Movement: | 34.411826 | |
| AROON (14): | 35.714283 | |
| DEMA (21): | 0.466777 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.445439 | |
| Elder Ray (13): | 0.019233 | |
| Super Trend (3,10): | 0.451263 | |
| Zig ZAG (10): | 0.480400 | |
| VORTEX (21): | 1.2060 | |
| Stochastique (14,3,5): | 56.34 | |
| TEMA (21): | 0.476086 | |
| Williams %R (14): | -46.59 | |
| Chande Momentum Oscillator (20): | 0.036600 | |
| Repulse (5,40,3): | -1.3513 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1501 | |
| Courbe Coppock: | 14.18 |
| MA7: | 0.452314 | |
| MA20: | 0.451945 | |
| MA50: | 0.460398 | |
| MA100: | 0.410360 | |
| MAexp7: | 0.471643 | |
| MAexp20: | 0.455893 | |
| MAexp50: | 0.449110 | |
| MAexp100: | 0.449529 | |
| Price / MA7: | +4.71% | |
| Price / MA20: | +4.79% | |
| Price / MA50: | +2.87% | |
| Price / MA100: | +15.41% | |
| Price / MAexp7: | +0.41% | |
| Price / MAexp20: | +3.88% | |
| Price / MAexp50: | +5.45% | |
| Price / MAexp100: | +5.35% |
Quotes :
2021-03-16 09:45:40
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Real time data
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Cryptocompare
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