RIPPLE - XRP/USD - 1H - Technical analysis published on 12/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.841567 USD
My targets
0.807640 USD (-0.68%)
0.750700 USD (-7.69%)
My analysis
The basic trend is currently slightly bearish on RIPPLE - XRP/USD and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 0.841567 USD, sales could be favoured. The first bearish objective would be located at 0.807640 USD. Sellers would then use the next support located at 0.750700 USD as an objective. Crossing it would then enable sellers to target 0.694500 USD. A return to above the resistance at 0.841567 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.8
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This analysis was given by creampuffracing123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD price is 0.813200 USD. The price is lower by -1.82% since the last closing and was between 0.809200 USD and 0.845200 USD. This implies that the price is at +0.49% from its lowest and at -3.79% from its highest.0.809200
0.845200
0.813200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.694500 | 0.750700 | 0.807640 | 0.813200 | 0.873400 | 0.995000 | 1.160200 |
| Change (%) | -14.60% | -7.69% | -0.68% | - | +7.40% | +22.36% | +42.67% |
| Change | -0.118700 | -0.062500 | -0.005560 | - | +0.060200 | +0.181800 | +0.347000 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.695367 | 0.723033 | 0.775567 | 0.803233 | 0.855767 | 0.883433 | 0.935967 |
| Camarilla | 0.806045 | 0.813397 | 0.820748 | 0.828100 | 0.835452 | 0.842803 | 0.850155 |
| Woodie | 0.707800 | 0.729250 | 0.788000 | 0.809450 | 0.868200 | 0.889650 | 0.948400 |
| Fibonacci | 0.723033 | 0.753670 | 0.772597 | 0.803233 | 0.833870 | 0.852797 | 0.883433 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.271833 | 0.459767 | 0.653633 | 0.841567 | 1.035433 | 1.223367 | 1.417233 |
| Camarilla | 0.742505 | 0.777503 | 0.812502 | 0.847500 | 0.882498 | 0.917497 | 0.952495 |
| Woodie | 0.274800 | 0.461250 | 0.656600 | 0.843050 | 1.038400 | 1.224850 | 1.420200 |
| Fibonacci | 0.459767 | 0.605614 | 0.695719 | 0.841567 | 0.987414 | 1.077519 | 1.223367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.348433 | 0.617967 | 0.808633 | 1.078167 | 1.268833 | 1.538367 | 1.729033 |
| Camarilla | 0.872745 | 0.914930 | 0.957115 | 0.999300 | 1.041485 | 1.083670 | 1.125855 |
| Woodie | 0.309000 | 0.598250 | 0.769200 | 1.058450 | 1.229400 | 1.518650 | 1.689600 |
| Fibonacci | 0.617967 | 0.793763 | 0.902370 | 1.078167 | 1.253963 | 1.362570 | 1.538367 |
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): | 48.43 | |
| MACD (12,26,9): | 0.0037 | |
| Directional Movement: | -0.392637 | |
| AROON (14): | -7.142856 | |
| DEMA (21): | 0.833330 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.841700 | |
| Elder Ray (13): | -0.005705 | |
| Super Trend (3,10): | 0.810452 | |
| Zig ZAG (10): | 0.822400 | |
| VORTEX (21): | 0.9687 | |
| Stochastique (14,3,5): | 29.14 | |
| TEMA (21): | 0.832301 | |
| Williams %R (14): | -74.83 | |
| Chande Momentum Oscillator (20): | -0.018900 | |
| Repulse (5,40,3): | -0.7977 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 1.51 |
| MA7: | 0.883800 | |
| MA20: | 0.975360 | |
| MA50: | 1.073648 | |
| MA100: | 1.078768 | |
| MAexp7: | 0.826963 | |
| MAexp20: | 0.826838 | |
| MAexp50: | 0.821971 | |
| MAexp100: | 0.838326 | |
| Price / MA7: | -7.99% | |
| Price / MA20: | -16.63% | |
| Price / MA50: | -24.26% | |
| Price / MA100: | -24.62% | |
| Price / MAexp7: | -1.66% | |
| Price / MAexp20: | -1.65% | |
| Price / MAexp50: | -1.07% | |
| Price / MAexp100: | -3.00% |
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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