RIPPLE - XRP/USD
RIPPLE - XRP/USD
- USD (-)
- Real time data - Cryptocompare
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Change: -
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Type: Cryptocurrencies
Ticker: XRPUSD
ISIN:

RIPPLE - XRP/USD - 1H - Technical analysis published on 07/30/2019 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.314478 USD
My targets
0.323644 USD (+1.30%)
0.332033 USD (+3.92%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on Ripple - XRP/USD. This is a positive signal for buyers. As long as the price remains above 0.314478 USD, a purchase could be considered. The first bullish objective is located at 0.323644 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.332033 USD as an objective. Crossing it would then enable buyers to target 0.363100 USD. In the event of a return below 0.314478 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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:
15 min. Daily Weekly

Additional analysis

Quotes

The Ripple - XRP/USD price is 0.319500 USD. The price registered an increase of +3.03% on the session and was traded between 0.306400 USD and 0.322000 USD over the period. The price is currently at +4.28% from its lowest and -0.78% from its highest.

0.306400
0.322000
0.319500

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:

Technical


Technical analysis of this 1H chart of Ripple - XRP/USD indicates that the overall trend is bullish. 75% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.305200 0.308460 0.314478 0.319500 0.323644 0.332033 0.363100
Change (%) -4.48% -3.46% -1.57% - +1.30% +3.92% +13.65%
Change -0.014300 -0.011040 -0.005022 - +0.004144 +0.012533 +0.043600
Level Intermediate Intermediate Intermediate - Intermediate Major 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
Standard0.2964330.3007670.3054330.3097670.3144330.3187670.323433
Camarilla0.3076250.3084500.3092750.3101000.3109250.3117500.312575
Woodie0.2966000.3008500.3056000.3098500.3146000.3188500.323600
Fibonacci0.3007670.3042050.3063290.3097670.3132050.3153290.318767


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2635670.2831330.2963670.3159330.3291670.3487330.361967
Camarilla0.3005800.3035870.3065930.3096000.3126070.3156130.318620
Woodie0.2604000.2815500.2932000.3143500.3260000.3471500.358800
Fibonacci0.2831330.2956630.3034040.3159330.3284630.3362040.348733


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2056330.2880670.3404330.4228670.4752330.5576670.610033
Camarilla0.3557300.3680870.3804430.3928000.4051570.4175130.429870
Woodie0.1906000.2805500.3254000.4153500.4602000.5501500.595000
Fibonacci0.2880670.3395600.3713730.4228670.4743600.5061730.557667

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): 67.39
MACD (12,26,9): 0.0028
Directional Movement: 25.692537
AROON (14): 85.714283
DEMA (21): 0.317973
Parabolic SAR (0,02-0,02-0,2): 0.313167
Elder Ray (13): 0.003082
Super Trend (3,10): 0.312577
Zig ZAG (10): 0.319400
VORTEX (21): 1.2165
Stochastique (14,3,5): 87.16
TEMA (21): 0.320138
Williams %R (14): -16.89
Chande Momentum Oscillator (20): 0.009100
Repulse (5,40,3): 0.0822
ROCnROLL: 1
TRIX (15,9): 0.0873
Courbe Coppock: 6.00
MA7: 0.314943
MA20: 0.318470
MA50: 0.378060
MA100: 0.370466
MAexp7: 0.318169
MAexp20: 0.314816
MAexp50: 0.312368
MAexp100: 0.312446
Price / MA7: +1.45%
Price / MA20: +0.32%
Price / MA50: -15.49%
Price / MA100: -13.76%
Price / MAexp7: +0.42%
Price / MAexp20: +1.49%
Price / MAexp50: +2.28%
Price / MAexp100: +2.26%

This member declared not having a position on this financial instrument or a related financial instrument.

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