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 - 1H - Technical analysis published on 12/08/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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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

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 creampuffracing123. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

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.

Central Gaps

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:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard0.7592000.7820000.7996000.8224000.8400000.8628000.880400
Camarilla0.8060900.8097930.8134970.8172000.8209030.8246070.828310
Woodie0.7566000.7807000.7970000.8211000.8374000.8615000.877800
Fibonacci0.7820000.7974330.8069670.8224000.8378330.8473670.862800


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2718330.4597670.6536330.8415671.0354331.2233671.417233
Camarilla0.7425050.7775030.8125020.8475000.8824980.9174970.952495
Woodie0.2748000.4612500.6566000.8430501.0384001.2248501.420200
Fibonacci0.4597670.6056140.6957190.8415670.9874141.0775191.223367


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3484330.6179670.8086331.0781671.2688331.5383671.729033
Camarilla0.8727450.9149300.9571150.9993001.0414851.0836701.125855
Woodie0.3090000.5982500.7692001.0584501.2294001.5186501.689600
Fibonacci0.6179670.7937630.9023701.0781671.2539631.3625701.538367

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 : - Real time data - Cryptocompare

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

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