RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - Daily - Technical analysis published on 03/21/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.783000 USD

My targets

0.885222 USD (+8.70%)

0.994715 USD (+22.14%)

My analysis

RIPPLE - XRP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.783000 USD. The next resistance located at 0.885222 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.994715 USD. After this resistance, buyers could then target 1.160200 USD.

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

6.8

Comment on the analysis

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RIPPLE - XRP/USD price is 0.814400 USD. The price has increased by +1.09% since the last closing and was between 0.788700 USD and 0.819100 USD. This implies that the price is at +3.26% from its lowest and at -0.57% from its highest.

0.788700

0.819100

0.814400

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this RIPPLE - XRP/USD chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong 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.

In fact, 16 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 : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.596200	0.718880	0.783000	0.814400	0.885222	0.994715	1.160200
Change (%)	-26.79%	-11.73%	-3.86%	-	+8.70%	+22.14%	+42.46%
Change	-0.218200	-0.095520	-0.031400	-	+0.070822	+0.180315	+0.345800
Level	Major	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.765233	0.779867	0.792733	0.807367	0.820233	0.834867	0.847733
Camarilla	0.798038	0.800558	0.803079	0.805600	0.808121	0.810642	0.813163
Woodie	0.764350	0.779425	0.791850	0.806925	0.819350	0.834425	0.846850
Fibonacci	0.779867	0.790372	0.796862	0.807367	0.817872	0.824362	0.834867

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.682033	0.712367	0.766133	0.796467	0.850233	0.880567	0.934333
Camarilla	0.796773	0.804482	0.812191	0.819900	0.827609	0.835318	0.843028
Woodie	0.693750	0.718225	0.777850	0.802325	0.861950	0.886425	0.946050
Fibonacci	0.712367	0.744493	0.764341	0.796467	0.828593	0.848441	0.880567

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.277000	0.433300	0.602600	0.758900	0.928200	1.084500	1.253800
Camarilla	0.682360	0.712207	0.742053	0.771900	0.801747	0.831593	0.861440
Woodie	0.283500	0.436550	0.609100	0.762150	0.934700	1.087750	1.260300
Fibonacci	0.433300	0.557679	0.634521	0.758900	0.883279	0.960121	1.084500

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):	57.08
MACD (12,26,9):	0.0157
Directional Movement:	7.538127
AROON (14):	35.714286
DEMA (21):	0.796034
Parabolic SAR (0,02-0,02-0,2):	0.741457
Elder Ray (13):	0.017468
Super Trend (3,10):	0.682144
Zig ZAG (10):	0.812100
VORTEX (21):	1.0776
Stochastique (14,3,5):	74.64
TEMA (21):	0.806013
Williams %R (14):	-26.01
Chande Momentum Oscillator (20):	0.047100
Repulse (5,40,3):	2.7258
ROCnROLL:	1
TRIX (15,9):	0.1969
Courbe Coppock:	15.10

MA7:	0.796686
MA20:	0.769190
MA50:	0.754054
MA100:	0.767308
MAexp7:	0.798794
MAexp20:	0.777606
MAexp50:	0.765972
MAexp100:	0.792700
Price / MA7:	+2.22%
Price / MA20:	+5.88%
Price / MA50:	+8.00%
Price / MA100:	+6.14%
Price / MAexp7:	+1.95%
Price / MAexp20:	+4.73%
Price / MAexp50:	+6.32%
Price / MAexp100:	+2.74%

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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