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 03/25/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 0.801662 USD

My targets

0.885222 USD (+5.64%)

0.994715 USD (+18.70%)

My analysis

The bullish trend is currently very strong on RIPPLE - XRP/USD. As long as the price remains above the support at 0.801662 USD, you could try to benefit from the boom. The first bullish objective is located at 0.885222 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.994715 USD as an objective. Crossing it would then enable buyers to target 1.160200 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 rating is 0.838000 USD. The price registered a decrease of -0.56% on the session with the lowest point at 0.830100 USD and the highest point at 0.846000 USD. The deviation from the price is +0.95% for the low point and -0.95% for the high point.

0.830100

0.846000

0.838000

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of RIPPLE - XRP/USD in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.596200	0.718880	0.801662	0.838000	0.885222	0.994715	1.160200
Change (%)	-28.85%	-14.21%	-4.34%	-	+5.64%	+18.70%	+38.45%
Change	-0.241800	-0.119120	-0.036338	-	+0.047222	+0.156715	+0.322200
Level	Major	Intermediate	Intermediate	-	Major	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	0.815200	0.821700	0.832200	0.838700	0.849200	0.855700	0.866200
Camarilla	0.838025	0.839583	0.841142	0.842700	0.844258	0.845817	0.847375
Woodie	0.817200	0.822700	0.834200	0.839700	0.851200	0.856700	0.868200
Fibonacci	0.821700	0.828194	0.832206	0.838700	0.845194	0.849206	0.855700

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	0.302667	0.453833	0.612867	0.764033	0.923067	1.074233	1.233267
Camarilla	0.686595	0.715030	0.743465	0.771900	0.800335	0.828770	0.857205
Woodie	0.306600	0.455800	0.616800	0.766000	0.927000	1.076200	1.237200
Fibonacci	0.453833	0.572330	0.645537	0.764033	0.882530	0.955737	1.074233

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):	60.66
MACD (12,26,9):	0.0238
Directional Movement:	11.011654
AROON (14):	78.571429
DEMA (21):	0.828293
Parabolic SAR (0,02-0,02-0,2):	0.781448
Elder Ray (13):	0.024885
Super Trend (3,10):	0.726235
Zig ZAG (10):	0.841400
VORTEX (21):	1.1306
Stochastique (14,3,5):	82.20
TEMA (21):	0.842985
Williams %R (14):	-18.85
Chande Momentum Oscillator (20):	0.080800
Repulse (5,40,3):	2.5375
ROCnROLL:	1
TRIX (15,9):	0.3296
Courbe Coppock:	19.28

MA7:	0.831800
MA20:	0.788245
MA50:	0.772624
MA100:	0.768543
MAexp7:	0.829029
MAexp20:	0.799922
MAexp50:	0.777762
MAexp100:	0.797182
Price / MA7:	+0.75%
Price / MA20:	+6.31%
Price / MA50:	+8.46%
Price / MA100:	+9.04%
Price / MAexp7:	+1.08%
Price / MAexp20:	+4.76%
Price / MAexp50:	+7.75%
Price / MAexp100:	+5.12%

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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