RIPPLE - XRP/USD - 15 min. - Technical analysis published on 01/05/2022 (GMT)
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- Timeframe : 15 min.
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- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.827700 USD
My targets
0.840100 USD (+1.10%)
0.857500 USD (+3.19%)
My analysis
A bullish trend on RIPPLE - XRP/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.827700 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.840100 USD. Then the price could move towards 0.857500 USD. Then 0.869900 USD by extension. Be careful, a return below 0.827700 USD would be a sign of the trend weakening and a possible correction 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 could be riskier.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.6
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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 0.831000 USD. The price registered an increase of +1.01% on the session and was between 0.821400 USD and 0.836300 USD. This implies that the price is at +1.17% from its lowest and at -0.63% from its highest.0.821400
0.836300
0.831000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 15 min. shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.803450 | 0.815300 | 0.822333 | 0.831000 | 0.837413 | 0.845260 | 0.865100 |
| Change (%) | -3.32% | -1.89% | -1.04% | - | +0.77% | +1.72% | +4.10% |
| Change | -0.027550 | -0.015700 | -0.008667 | - | +0.006413 | +0.014260 | +0.034100 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | 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 | 0.780500 | 0.797900 | 0.810300 | 0.827700 | 0.840100 | 0.857500 | 0.869900 |
| Camarilla | 0.814505 | 0.817237 | 0.819968 | 0.822700 | 0.825432 | 0.828163 | 0.830895 |
| Woodie | 0.778000 | 0.796650 | 0.807800 | 0.826450 | 0.837600 | 0.856250 | 0.867400 |
| Fibonacci | 0.797900 | 0.809284 | 0.816316 | 0.827700 | 0.839084 | 0.846116 | 0.857500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.630733 | 0.716967 | 0.782833 | 0.869067 | 0.934933 | 1.021167 | 1.087033 |
| Camarilla | 0.806873 | 0.820815 | 0.834758 | 0.848700 | 0.862643 | 0.876585 | 0.890528 |
| Woodie | 0.620550 | 0.711875 | 0.772650 | 0.863975 | 0.924750 | 1.016075 | 1.076850 |
| Fibonacci | 0.716967 | 0.775069 | 0.810965 | 0.869067 | 0.927169 | 0.963065 | 1.021167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.276033 | 0.461867 | 0.645933 | 0.831767 | 1.015833 | 1.201667 | 1.385733 |
| Camarilla | 0.728278 | 0.762185 | 0.796093 | 0.830000 | 0.863908 | 0.897815 | 0.931723 |
| Woodie | 0.275150 | 0.461425 | 0.645050 | 0.831325 | 1.014950 | 1.201225 | 1.384850 |
| Fibonacci | 0.461867 | 0.603169 | 0.690465 | 0.831767 | 0.973069 | 1.060365 | 1.201667 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.82 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 12.895113 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.832110 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.827761 | |
| Elder Ray (13): | 0.002485 | |
| Super Trend (3,10): | 0.829255 | |
| Zig ZAG (10): | 0.834300 | |
| VORTEX (21): | 1.0723 | |
| Stochastique (14,3,5): | 96.67 | |
| TEMA (21): | 0.833092 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.002500 | |
| Repulse (5,40,3): | 0.3320 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0083 | |
| Courbe Coppock: | 0.19 |
| MA7: | 0.837943 | |
| MA20: | 0.872630 | |
| MA50: | 0.909532 | |
| MA100: | 1.010494 | |
| MAexp7: | 0.832841 | |
| MAexp20: | 0.831070 | |
| MAexp50: | 0.830246 | |
| MAexp100: | 0.830600 | |
| Price / MA7: | -0.83% | |
| Price / MA20: | -4.77% | |
| Price / MA50: | -8.63% | |
| Price / MA100: | -17.76% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.05% |
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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