RIPPLE - XRP/USD - 15 min. - Technical analysis published on 05/15/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 1.39 USD
My targets
1.33 USD (-2.21%)
1.26 USD (-7.35%)
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 1.39 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 1.39 USD. The next bearish objective for sellers is set at 1.33 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.26 USD. In case of crossing, the next objective would be the support located at 1.20 USD. PS: if there is a bullish break in the resistance located at 1.39 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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.1
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RIPPLE - XRP/USD rating 1.36 USD. The price registered a decrease of -2.86% on the session with the lowest point at 1.32 USD and the highest point at 1.43 USD. The deviation from the price is +3.03% for the low point and -4.90% for the high point.1.32
1.43
1.36
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RIPPLE - XRP/USD in 15 min. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
White morning star
Type : Bullish
Timeframe : 15 minutes
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.03 | 1.22 | 1.32 | 1.36 | 1.39 | 1.45 | 1.55 |
| Change (%) | -24.26% | -10.29% | -2.94% | - | +2.21% | +6.62% | +13.97% |
| Change | -0.33 | -0.14 | -0.04 | - | +0.03 | +0.09 | +0.19 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.20 | 1.26 | 1.33 | 1.39 | 1.46 | 1.52 | 1.59 |
| Camarilla | 1.36 | 1.38 | 1.39 | 1.40 | 1.41 | 1.42 | 1.44 |
| Woodie | 1.21 | 1.26 | 1.34 | 1.39 | 1.47 | 1.52 | 1.60 |
| Fibonacci | 1.26 | 1.31 | 1.34 | 1.39 | 1.44 | 1.47 | 1.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.92 | 1.12 | 1.35 | 1.55 | 1.78 | 1.98 | 2.21 |
| Camarilla | 1.45 | 1.49 | 1.53 | 1.57 | 1.61 | 1.65 | 1.69 |
| Woodie | 0.93 | 1.13 | 1.36 | 1.56 | 1.79 | 1.99 | 2.22 |
| Fibonacci | 1.12 | 1.29 | 1.39 | 1.55 | 1.72 | 1.82 | 1.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.64 | -0.05 | 0.78 | 1.37 | 2.20 | 2.79 | 3.62 |
| Camarilla | 1.21 | 1.34 | 1.47 | 1.60 | 1.73 | 1.86 | 1.99 |
| Woodie | -0.53 | 0.01 | 0.89 | 1.43 | 2.31 | 2.85 | 3.73 |
| Fibonacci | -0.05 | 0.50 | 0.83 | 1.37 | 1.92 | 2.25 | 2.79 |
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): | 51.27 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -12.39 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 1.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.33 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.38 | |
| Zig ZAG (10): | 1.36 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 83.22 | |
| TEMA (21): | 1.35 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 1.5200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 0.02 |
| MA7: | 1.40 | |
| MA20: | 1.47 | |
| MA50: | 1.24 | |
| MA100: | 0.87 | |
| MAexp7: | 1.36 | |
| MAexp20: | 1.36 | |
| MAexp50: | 1.37 | |
| MAexp100: | 1.37 | |
| Price / MA7: | -2.86% | |
| Price / MA20: | -7.48% | |
| Price / MA50: | +9.68% | |
| Price / MA100: | +56.32% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.73% | |
| Price / MAexp100: | -0.73% |
Quotes :
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Real time data
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