RIPPLE - XRP/USD - 1H - Technical analysis published on 06/25/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.663967 USD
My targets
0.601400 USD (-6.06%)
0.570500 USD (-10.89%)
My analysis
In the short term, we can see an acceleration in the bearish trend on RIPPLE - XRP/USD, which is a positive signal for sellers. As long as the price remains above 0.663967 USD, a sale could be considered. The first bearish objective is located at 0.601400 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.570500 USD as an objective. Crossing it would then enable sellers to target 0.510300 USD. If the price were to return above 0.663967 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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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 rating is 0.640200 USD. The price registered a decrease of -4.62% on the session and was between 0.636000 USD and 0.688500 USD. This implies that the price is at +0.66% from its lowest and at -7.02% from its highest.0.636000
0.688500
0.640200
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
A technical analysis in 1H of this RIPPLE - XRP/USD chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.510300 | 0.570500 | 0.601400 | 0.640200 | 0.663967 | 0.694500 | 0.731100 |
| Change (%) | -20.29% | -10.89% | -6.06% | - | +3.71% | +8.48% | +14.20% |
| Change | -0.129900 | -0.069700 | -0.038800 | - | +0.023767 | +0.054300 | +0.090900 |
| Level | Minor | Minor | Intermediate | - | Major | Major | Minor |
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 | 0.554167 | 0.585733 | 0.628467 | 0.660033 | 0.702767 | 0.734333 | 0.777067 |
| Camarilla | 0.650768 | 0.657578 | 0.664389 | 0.671200 | 0.678011 | 0.684822 | 0.691633 |
| Woodie | 0.559750 | 0.588525 | 0.634050 | 0.662825 | 0.708350 | 0.737125 | 0.782650 |
| Fibonacci | 0.585733 | 0.614116 | 0.631651 | 0.660033 | 0.688416 | 0.705951 | 0.734333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.528933 | 0.642567 | 0.701633 | 0.815267 | 0.874333 | 0.987967 | 1.047033 |
| Camarilla | 0.713208 | 0.729038 | 0.744869 | 0.760700 | 0.776531 | 0.792362 | 0.808193 |
| Woodie | 0.501650 | 0.628925 | 0.674350 | 0.801625 | 0.847050 | 0.974325 | 1.019750 |
| Fibonacci | 0.642567 | 0.708538 | 0.749295 | 0.815267 | 0.881238 | 0.921995 | 0.987967 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.491300 | 0.079800 | 0.562000 | 1.133100 | 1.615300 | 2.186400 | 2.668600 |
| Camarilla | 0.754543 | 0.851095 | 0.947648 | 1.044200 | 1.140753 | 1.237305 | 1.333858 |
| Woodie | -0.535750 | 0.057575 | 0.517550 | 1.110875 | 1.570850 | 2.164175 | 2.624150 |
| Fibonacci | 0.079800 | 0.482161 | 0.730739 | 1.133100 | 1.535461 | 1.784039 | 2.186400 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.07 | |
| MACD (12,26,9): | 0.0031 | |
| Directional Movement: | -3.918936 | |
| AROON (14): | -35.714283 | |
| DEMA (21): | 0.671463 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.682349 | |
| Elder Ray (13): | -0.017276 | |
| Super Trend (3,10): | 0.645019 | |
| Zig ZAG (10): | 0.648200 | |
| VORTEX (21): | 0.9624 | |
| Stochastique (14,3,5): | 17.81 | |
| TEMA (21): | 0.664281 | |
| Williams %R (14): | -98.70 | |
| Chande Momentum Oscillator (20): | -0.034600 | |
| Repulse (5,40,3): | -2.9715 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 3.33 |
| MA7: | 0.664200 | |
| MA20: | 0.795305 | |
| MA50: | 1.021736 | |
| MA100: | 1.048968 | |
| MAexp7: | 0.666415 | |
| MAexp20: | 0.666274 | |
| MAexp50: | 0.653836 | |
| MAexp100: | 0.660649 | |
| Price / MA7: | -3.61% | |
| Price / MA20: | -19.50% | |
| Price / MA50: | -37.34% | |
| Price / MA100: | -38.97% | |
| Price / MAexp7: | -3.93% | |
| Price / MAexp20: | -3.91% | |
| Price / MAexp50: | -2.09% | |
| Price / MAexp100: | -3.10% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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