RIPPLE - XRP/USD - 1H - Technical analysis published on 07/30/2019 (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
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.
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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 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.
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:
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
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.296433 | 0.300767 | 0.305433 | 0.309767 | 0.314433 | 0.318767 | 0.323433 |
Camarilla | 0.307625 | 0.308450 | 0.309275 | 0.310100 | 0.310925 | 0.311750 | 0.312575 |
Woodie | 0.296600 | 0.300850 | 0.305600 | 0.309850 | 0.314600 | 0.318850 | 0.323600 |
Fibonacci | 0.300767 | 0.304205 | 0.306329 | 0.309767 | 0.313205 | 0.315329 | 0.318767 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.263567 | 0.283133 | 0.296367 | 0.315933 | 0.329167 | 0.348733 | 0.361967 |
Camarilla | 0.300580 | 0.303587 | 0.306593 | 0.309600 | 0.312607 | 0.315613 | 0.318620 |
Woodie | 0.260400 | 0.281550 | 0.293200 | 0.314350 | 0.326000 | 0.347150 | 0.358800 |
Fibonacci | 0.283133 | 0.295663 | 0.303404 | 0.315933 | 0.328463 | 0.336204 | 0.348733 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.205633 | 0.288067 | 0.340433 | 0.422867 | 0.475233 | 0.557667 | 0.610033 |
Camarilla | 0.355730 | 0.368087 | 0.380443 | 0.392800 | 0.405157 | 0.417513 | 0.429870 |
Woodie | 0.190600 | 0.280550 | 0.325400 | 0.415350 | 0.460200 | 0.550150 | 0.595000 |
Fibonacci | 0.288067 | 0.339560 | 0.371373 | 0.422867 | 0.474360 | 0.506173 | 0.557667 |
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.
About author
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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