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RIPPLE - XRP/USD
RIPPLE - XRP/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XRPUSD
ISIN:

RIPPLE - XRP/USD - 1H - Technical analysis published on 03/24/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.550000 USD
My targets
0.582300 USD (+4.17%)
0.600000 USD (+7.33%)
My analysis
A bullish trend on RIPPLE - XRP/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.550000 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.582300 USD. Then the price could move towards 0.600000 USD. Then 0.634800 USD by extension. Be careful, a return below 0.550000 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
5.2

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RIPPLE - XRP/USD rating is 0.559000 USD. The price registered an increase of +1.36% on the session with the lowest point at 0.536400 USD and the highest point at 0.561700 USD. The deviation from the price is +4.21% for the low point and -0.48% for the high point.

0.536400
0.561700
0.559000

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


Technical analysis of this 1H chart of RIPPLE - XRP/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

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: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

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


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.519700 0.536700 0.550000 0.559000 0.582300 0.600000 0.634800
Change (%) -7.03% -3.99% -1.61% - +4.17% +7.33% +13.56%
Change -0.039300 -0.022300 -0.009000 - +0.023300 +0.041000 +0.075800
Level Minor Intermediate Intermediate - Major Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4701670.5042330.5278670.5619330.5855670.6196330.643267
Camarilla0.5356330.5409220.5462110.5515000.5567890.5620780.567368
Woodie0.4649500.5016250.5226500.5593250.5803500.6170250.638050
Fibonacci0.5042330.5262750.5398920.5619330.5839750.5975920.619633


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3213330.3722670.4481330.4990670.5749330.6258670.701733
Camarilla0.4891300.5007530.5123770.5240000.5356230.5472470.558870
Woodie0.3338000.3785000.4606000.5053000.5874000.6321000.714200
Fibonacci0.3722670.4207040.4506290.4990670.5475040.5774290.625867


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0288000.1994000.3080000.4786000.5872000.7578000.866400
Camarilla0.3398200.3654130.3910070.4166000.4421930.4677870.493380
Woodie-0.0022000.1839000.2770000.4631000.5562000.7423000.835400
Fibonacci0.1994000.3060540.3719460.4786000.5852540.6511460.757800

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): 53.33
MACD (12,26,9): -0.0014
Directional Movement: 2.132839
AROON (14): 57.142856
DEMA (21): 0.550713
Parabolic SAR (0,02-0,02-0,2): 0.538552
Elder Ray (13): 0.005791
Super Trend (3,10): 0.573351
Zig ZAG (10): 0.558100
VORTEX (21): 0.9770
Stochastique (14,3,5): 80.06
TEMA (21): 0.550945
Williams %R (14): -7.51
Chande Momentum Oscillator (20): 0.015200
Repulse (5,40,3): 1.1025
ROCnROLL: 1
TRIX (15,9): -0.0787
Courbe Coppock: 1.88
MA7: 0.518929
MA20: 0.479505
MA50: 0.487048
MA100: 0.407270
MAexp7: 0.553416
MAexp20: 0.551747
MAexp50: 0.550419
MAexp100: 0.537232
Price / MA7: +7.72%
Price / MA20: +16.58%
Price / MA50: +14.77%
Price / MA100: +37.26%
Price / MAexp7: +1.01%
Price / MAexp20: +1.31%
Price / MAexp50: +1.56%
Price / MAexp100: +4.05%

Quotes : 2021-03-24 13:27:08 - Real time data - Cryptocompare

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

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