RIPPLE - XRP/USD - 1H - Technical analysis published on 07/03/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 0.400400 USD
My targets
0.385400 USD (-3.19%)
0.363100 USD (-8.79%)
My analysis
There is a bearish trend on Ripple - XRP/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.400400 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.385400 USD. Then the price could move towards 0.363100 USD. Then 0.318340 USD by extension. Be careful, a return to above the resistance 0.400400 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
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 0.398100 USD. On the day, this instrument gained +0.03% and was traded between 0.395100 USD and 0.406900 USD over the period. The price is currently at +0.76% from its lowest and -2.16% from its highest.0.395100
0.406900
0.398100
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by Ripple - XRP/USD:
Technical
Technical analysis of this 1H chart of Ripple - XRP/USD indicates that the overall trend is bearish. The signals given by moving averages are at 75% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.318340 | 0.363100 | 0.385400 | 0.398100 | 0.400400 | 0.420300 | 0.459000 |
| Change (%) | -20.04% | -8.79% | -3.19% | - | +0.58% | +5.58% | +15.30% |
| Change | -0.079760 | -0.035000 | -0.012700 | - | +0.002300 | +0.022200 | +0.060900 |
| Level | Minor | Minor | Intermediate | - | Minor | 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 | 0.355900 | 0.368600 | 0.383300 | 0.396000 | 0.410700 | 0.423400 | 0.438100 |
| Camarilla | 0.390465 | 0.392977 | 0.395488 | 0.398000 | 0.400512 | 0.403023 | 0.405535 |
| Woodie | 0.356900 | 0.369100 | 0.384300 | 0.396500 | 0.411700 | 0.423900 | 0.439100 |
| Fibonacci | 0.368600 | 0.379067 | 0.385533 | 0.396000 | 0.406467 | 0.412933 | 0.423400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.270467 | 0.329033 | 0.376867 | 0.435433 | 0.483267 | 0.541833 | 0.589667 |
| Camarilla | 0.395440 | 0.405193 | 0.414947 | 0.424700 | 0.434453 | 0.444207 | 0.453960 |
| Woodie | 0.265100 | 0.326350 | 0.371500 | 0.432750 | 0.477900 | 0.539150 | 0.584300 |
| Fibonacci | 0.329033 | 0.369678 | 0.394789 | 0.435433 | 0.476078 | 0.501189 | 0.541833 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.36 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -5.199015 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.399052 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.405022 | |
| Elder Ray (13): | -0.000513 | |
| Super Trend (3,10): | 0.407044 | |
| Zig ZAG (10): | 0.397800 | |
| VORTEX (21): | 0.9917 | |
| Stochastique (14,3,5): | 30.55 | |
| TEMA (21): | 0.398697 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | 0.000700 | |
| Repulse (5,40,3): | 0.0458 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0154 | |
| Courbe Coppock: | 1.99 |
| MA7: | 0.406771 | |
| MA20: | 0.430880 | |
| MA50: | 0.418322 | |
| MA100: | 0.368873 | |
| MAexp7: | 0.398864 | |
| MAexp20: | 0.398965 | |
| MAexp50: | 0.399372 | |
| MAexp100: | 0.403935 | |
| Price / MA7: | -2.13% | |
| Price / MA20: | -7.61% | |
| Price / MA50: | -4.83% | |
| Price / MA100: | +7.92% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | -1.44% |
This member declared not having a position on this financial instrument or a related financial instrument.
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