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 - Daily - Technical analysis published on 04/14/2021 (GMT)

  • 237
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : WITHOUT TARGET

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.66 USD
My targets
-
My analysis
RIPPLE - XRP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.66 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

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 DipFarda. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The RIPPLE - XRP/USD rating is 1.85 USD. On the day, this instrument gained +2.78% and was between 1.71 USD and 1.97 USD. This implies that the price is at +8.19% from its lowest and at -6.09% from its highest.

1.71
1.97
1.85

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.

Central Gaps

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this RIPPLE - XRP/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.47 0.63 1.09 1.85
Change (%) -74.59% -65.95% -41.08% -
Change -1.38 -1.22 -0.76 -
Level Major Major Intermediate -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.051.231.521.701.992.172.46
Camarilla1.671.711.761.801.841.891.93
Woodie1.101.261.571.732.042.202.51
Fibonacci1.231.411.521.701.881.992.17


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.000.280.831.111.661.942.49
Camarilla1.141.221.291.371.451.521.60
Woodie0.130.350.961.181.792.012.62
Fibonacci0.280.600.801.111.431.631.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.260.340.450.530.640.720.83
Camarilla0.520.540.550.570.590.610.62
Woodie0.290.350.480.540.670.730.86
Fibonacci0.340.410.450.530.600.640.72

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): 85.17
MACD (12,26,9): 0.2900
Directional Movement: 47.66
AROON (14): 100.00
DEMA (21): 1.41
Parabolic SAR (0,02-0,02-0,2): 1.25
Elder Ray (13): 0.61
Super Trend (3,10): 1.27
Zig ZAG (10): 1.84
VORTEX (21): 1.4000
Stochastique (14,3,5): 93.88
TEMA (21): 1.62
Williams %R (14): -8.25
Chande Momentum Oscillator (20): 1.24
Repulse (5,40,3): 30.9600
ROCnROLL: 1
TRIX (15,9): 4.3300
Courbe Coppock: 311.25
MA7: 1.42
MA20: 0.93
MA50: 0.65
MA100: 0.52
MAexp7: 1.48
MAexp20: 1.07
MAexp50: 0.77
MAexp100: 0.61
Price / MA7: +30.28%
Price / MA20: +98.92%
Price / MA50: +184.62%
Price / MA100: +255.77%
Price / MAexp7: +25.00%
Price / MAexp20: +72.90%
Price / MAexp50: +140.26%
Price / MAexp100: +203.28%

Quotes : - Real time data - Cryptocompare

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

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