RIPPLE - XRP/USD - 1H - Technical analysis published on 07/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.359967 USD
My targets
0.383289 USD (+4.38%)
0.422567 USD (+15.08%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RIPPLE - XRP/USD as long as the price remains well above 0.359967 USD. The buyers' bullish objective is set at 0.383289 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.422567 USD. If there is any crossing, the next objective would be the resistance located at 0.596200 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6
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This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD price is 0.367200 USD. On the day, this instrument gained +1.69% and was traded between 0.348500 USD and 0.367900 USD over the period. The price is currently at +5.37% from its lowest and -0.19% from its highest.0.348500
0.367900
0.367200
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
A technical analysis in 1H of this RIPPLE - XRP/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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:
Near support of channel
Type : Bullish
Timeframe : 1 hour
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:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.327500 | 0.342300 | 0.359967 | 0.367200 | 0.369333 | 0.383289 | 0.596200 |
| Change (%) | -10.81% | -6.78% | -1.97% | - | +0.58% | +4.38% | +62.36% |
| Change | -0.039700 | -0.024900 | -0.007233 | - | +0.002133 | +0.016089 | +0.229000 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.330100 | 0.344500 | 0.352800 | 0.367200 | 0.375500 | 0.389900 | 0.398200 |
| Camarilla | 0.354858 | 0.356938 | 0.359019 | 0.361100 | 0.363181 | 0.365262 | 0.367343 |
| Woodie | 0.327050 | 0.342975 | 0.349750 | 0.365675 | 0.372450 | 0.388375 | 0.395150 |
| Fibonacci | 0.344500 | 0.353171 | 0.358529 | 0.367200 | 0.375871 | 0.381229 | 0.389900 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.265067 | 0.284233 | 0.317567 | 0.336733 | 0.370067 | 0.389233 | 0.422567 |
| Camarilla | 0.336463 | 0.341275 | 0.346088 | 0.350900 | 0.355713 | 0.360525 | 0.365338 |
| Woodie | 0.272150 | 0.287775 | 0.324650 | 0.340275 | 0.377150 | 0.392775 | 0.429650 |
| Fibonacci | 0.284233 | 0.304288 | 0.316678 | 0.336733 | 0.356788 | 0.369178 | 0.389233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.150100 | 0.218900 | 0.275400 | 0.344200 | 0.400700 | 0.469500 | 0.526000 |
| Camarilla | 0.297443 | 0.308928 | 0.320414 | 0.331900 | 0.343386 | 0.354872 | 0.366358 |
| Woodie | 0.143950 | 0.215825 | 0.269250 | 0.341125 | 0.394550 | 0.466425 | 0.519850 |
| Fibonacci | 0.218900 | 0.266765 | 0.296335 | 0.344200 | 0.392065 | 0.421635 | 0.469500 |
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): | 61.26 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 11.202155 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.359591 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.352039 | |
| Elder Ray (13): | 0.006391 | |
| Super Trend (3,10): | 0.356748 | |
| Zig ZAG (10): | 0.367400 | |
| VORTEX (21): | 1.0743 | |
| Stochastique (14,3,5): | 97.25 | |
| TEMA (21): | 0.361215 | |
| Williams %R (14): | -6.19 | |
| Chande Momentum Oscillator (20): | 0.009000 | |
| Repulse (5,40,3): | 1.4140 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0932 | |
| Courbe Coppock: | 2.77 |
| MA7: | 0.356400 | |
| MA20: | 0.337625 | |
| MA50: | 0.346756 | |
| MA100: | 0.449333 | |
| MAexp7: | 0.362665 | |
| MAexp20: | 0.360545 | |
| MAexp50: | 0.361874 | |
| MAexp100: | 0.359153 | |
| Price / MA7: | +3.03% | |
| Price / MA20: | +8.76% | |
| Price / MA50: | +5.90% | |
| Price / MA100: | -18.28% | |
| Price / MAexp7: | +1.25% | |
| Price / MAexp20: | +1.85% | |
| Price / MAexp50: | +1.47% | |
| Price / MAexp100: | +2.24% |
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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