RIPPLE - XRP/USD - 1H - Technical analysis published on 04/28/2023 (GMT)
- 216
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
28%
50%
My opinion
Neutral between 0.456531 USD and 0.474400 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on RIPPLE - XRP/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.474400 USD. The first support is located at 0.456531 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RIPPLE - XRP/USD rating 0.466700 USD. On the day, this instrument lost -0.02% and was between 0.463900 USD and 0.482300 USD. This implies that the price is at +0.60% from its lowest and at -3.23% from its highest.0.463900
0.482300
0.466700
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RIPPLE - XRP/USD in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.448050 | 0.456531 | 0.465614 | 0.466700 | 0.474400 | 0.484700 | 0.499080 |
| Change (%) | -4.00% | -2.18% | -0.23% | - | +1.65% | +3.86% | +6.94% |
| Change | -0.018650 | -0.010169 | -0.001086 | - | +0.007700 | +0.018000 | +0.032380 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.445733 | 0.451067 | 0.458933 | 0.464267 | 0.472133 | 0.477467 | 0.485333 |
| Camarilla | 0.463170 | 0.464380 | 0.465590 | 0.466800 | 0.468010 | 0.469220 | 0.470430 |
| Woodie | 0.447000 | 0.451700 | 0.460200 | 0.464900 | 0.473400 | 0.478100 | 0.486600 |
| Fibonacci | 0.451067 | 0.456109 | 0.459224 | 0.464267 | 0.469309 | 0.472424 | 0.477467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.332000 | 0.386300 | 0.429300 | 0.483600 | 0.526600 | 0.580900 | 0.623900 |
| Camarilla | 0.445543 | 0.454462 | 0.463381 | 0.472300 | 0.481219 | 0.490138 | 0.499058 |
| Woodie | 0.326350 | 0.383475 | 0.423650 | 0.480775 | 0.520950 | 0.578075 | 0.618250 |
| Fibonacci | 0.386300 | 0.423469 | 0.446431 | 0.483600 | 0.520769 | 0.543731 | 0.580900 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.165633 | 0.258767 | 0.397733 | 0.490867 | 0.629833 | 0.722967 | 0.861933 |
| Camarilla | 0.472873 | 0.494148 | 0.515424 | 0.536700 | 0.557976 | 0.579252 | 0.600528 |
| Woodie | 0.188550 | 0.270225 | 0.420650 | 0.502325 | 0.652750 | 0.734425 | 0.884850 |
| Fibonacci | 0.258767 | 0.347429 | 0.402205 | 0.490867 | 0.579529 | 0.634305 | 0.722967 |
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): | 49.11 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 2.173140 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.471356 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.481972 | |
| Elder Ray (13): | -0.001294 | |
| Super Trend (3,10): | 0.465225 | |
| Zig ZAG (10): | 0.469500 | |
| VORTEX (21): | 1.0602 | |
| Stochastique (14,3,5): | 28.01 | |
| TEMA (21): | 0.472067 | |
| Williams %R (14): | -69.66 | |
| Chande Momentum Oscillator (20): | 0.002600 | |
| Repulse (5,40,3): | -0.2981 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0652 | |
| Courbe Coppock: | 1.83 |
| MA7: | 0.466586 | |
| MA20: | 0.492275 | |
| MA50: | 0.465220 | |
| MA100: | 0.428927 | |
| MAexp7: | 0.470138 | |
| MAexp20: | 0.469056 | |
| MAexp50: | 0.467013 | |
| MAexp100: | 0.466924 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | -5.20% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | +8.81% | |
| Price / MAexp7: | -0.73% | |
| Price / MAexp20: | -0.50% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -0.05% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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