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 - Weekly - Technical analysis published on 03/07/2022 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.928200 USD
My targets
0.530756 USD (-26.84%)
0.336800 USD (-53.58%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for RIPPLE - XRP/USD as long as the price remains well below 0.928200 USD. The sellers' bearish objective is set at 0.530756 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.336800 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.8

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 osborncomp. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The RIPPLE - XRP/USD price is 0.725500 USD. Over 5 days, this instrument lost -7.54% with the lowest point at 0.705800 USD and the highest point at 0.788600 USD. The deviation from the price is +2.79% for the low point and -8.00% for the high point.

0.705800
0.788600
0.725500

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.

Central Gaps

Bullish opening

Type : Bullish

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 Weekly shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Weekly



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Weekly



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.336800 0.530756 0.694500 0.725500 0.995000 1.282900 1.838100
Change (%) -53.58% -26.84% -4.27% - +37.15% +76.83% +153.36%
Change -0.388700 -0.194744 -0.031000 - +0.269500 +0.557400 +1.112600
Level Minor Intermediate Intermediate - Intermediate Major Major



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
Standard0.6925000.7104000.7224000.7403000.7523000.7702000.782200
Camarilla0.7261780.7289180.7316590.7344000.7371410.7398820.742623
Woodie0.6895500.7089250.7194500.7388250.7493500.7687250.779250
Fibonacci0.7104000.7218220.7288780.7403000.7517220.7587780.770200


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6072670.6560330.7051670.7539330.8030670.8518330.900967
Camarilla0.7273780.7363520.7453260.7543000.7632740.7722480.781223
Woodie0.6074500.6561250.7053500.7540250.8032500.8519250.901150
Fibonacci0.6560330.6934310.7165360.7539330.7913310.8144360.851833


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2770000.4333000.6026000.7589000.9282001.0845001.253800
Camarilla0.6823600.7122070.7420530.7719000.8017470.8315930.861440
Woodie0.2835000.4365500.6091000.7621500.9347001.0877501.260300
Fibonacci0.4333000.5576790.6345210.7589000.8832790.9601211.084500

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): 44.41
MACD (12,26,9): -0.0624
Directional Movement: -1.774590
AROON (14): -50.000000
DEMA (21): 0.742427
Parabolic SAR (0,02-0,02-0,2): 1.124195
Elder Ray (13): -0.042825
Super Trend (3,10): 1.158698
Zig ZAG (10): 0.721900
VORTEX (21): 0.9026
Stochastique (14,3,5): 37.41
TEMA (21): 0.665958
Williams %R (14): -63.37
Chande Momentum Oscillator (20): -0.112300
Repulse (5,40,3): -4.0758
ROCnROLL: 2
TRIX (15,9): -0.8528
Courbe Coppock: 50.13
MA7: 0.748957
MA20: 0.749690
MA50: 0.717932
MA100: 0.783093
MAexp7: 0.741711
MAexp20: 0.814041
MAexp50: 0.818236
MAexp100: 0.706637
Price / MA7: -3.13%
Price / MA20: -3.23%
Price / MA50: +1.05%
Price / MA100: -7.35%
Price / MAexp7: -2.19%
Price / MAexp20: -10.88%
Price / MAexp50: -11.33%
Price / MAexp100: +2.67%

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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