RIPPLE - XRP/USD - 1H - Technical analysis published on 12/08/2021 (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:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.841567 USD
My targets
0.807640 USD (-1.10%)
0.750700 USD (-8.07%)
My analysis
There is a bearish trend on RIPPLE - XRP/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.841567 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.807640 USD. Then the price could move towards 0.750700 USD. Then 0.694500 USD by extension. Be careful, a return to above the resistance 0.841567 USD would be a sign of a weakening of the trend and a possible rebound 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 is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.6
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This analysis was given by creampuffracing123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RIPPLE - XRP/USD rating 0.816600 USD. On the day, this instrument lost -0.07% and was between 0.806100 USD and 0.822000 USD. This implies that the price is at +1.30% from its lowest and at -0.66% from its highest.0.806100
0.822000
0.816600
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 RIPPLE - XRP/USD in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.694500 | 0.750700 | 0.807640 | 0.816600 | 0.873400 | 0.995000 | 1.160200 |
Change (%) | -14.95% | -8.07% | -1.10% | - | +6.96% | +21.85% | +42.08% |
Change | -0.122100 | -0.065900 | -0.008960 | - | +0.056800 | +0.178400 | +0.343600 |
Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | 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 | 0.759200 | 0.782000 | 0.799600 | 0.822400 | 0.840000 | 0.862800 | 0.880400 |
Camarilla | 0.806090 | 0.809793 | 0.813497 | 0.817200 | 0.820903 | 0.824607 | 0.828310 |
Woodie | 0.756600 | 0.780700 | 0.797000 | 0.821100 | 0.837400 | 0.861500 | 0.877800 |
Fibonacci | 0.782000 | 0.797433 | 0.806967 | 0.822400 | 0.837833 | 0.847367 | 0.862800 |
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): | 48.32 | |
MACD (12,26,9): | -0.0008 | |
Directional Movement: | -15.608079 | |
AROON (14): | -50.000002 | |
DEMA (21): | 0.822883 | |
Parabolic SAR (0,02-0,02-0,2): | 0.831590 | |
Elder Ray (13): | -0.001354 | |
Super Trend (3,10): | 0.843037 | |
Zig ZAG (10): | 0.821200 | |
VORTEX (21): | 0.9376 | |
Stochastique (14,3,5): | 34.87 | |
TEMA (21): | 0.818188 | |
Williams %R (14): | -57.14 | |
Chande Momentum Oscillator (20): | -0.012400 | |
Repulse (5,40,3): | 1.3570 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0388 | |
Courbe Coppock: | 3.97 |
MA7: | 0.859029 | |
MA20: | 0.963890 | |
MA50: | 1.068084 | |
MA100: | 1.075896 | |
MAexp7: | 0.818886 | |
MAexp20: | 0.821726 | |
MAexp50: | 0.820505 | |
MAexp100: | 0.835715 | |
Price / MA7: | -4.94% | |
Price / MA20: | -15.28% | |
Price / MA50: | -23.55% | |
Price / MA100: | -24.10% | |
Price / MAexp7: | -0.28% | |
Price / MAexp20: | -0.62% | |
Price / MAexp50: | -0.48% | |
Price / MAexp100: | -2.29% |
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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