RIPPLE - XRP/USD - 1H - Technical analysis published on 08/26/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.274767 USD
My targets
0.269633 USD (-0.28%)
0.261500 USD (-3.29%)
My analysis
In the short term, we can see an acceleration in the bearish trend on Ripple - XRP/USD, which is a positive signal for sellers. As long as the price remains above 0.274767 USD, a sale could be considered. The first bearish objective is located at 0.269633 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.261500 USD as an objective. Crossing it would then enable sellers to target 0.258067 USD. If the price were to return above 0.274767 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound 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 0.270400 USD. The price has increased by +0.22% since the last closing with the lowest point at 0.267000 USD and the highest point at 0.280500 USD. The deviation from the price is +1.27% for the low point and -3.60% for the high point.0.267000
0.280500
0.270400
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 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.258067 | 0.261500 | 0.269633 | 0.270400 | 0.274767 | 0.279377 | 0.283300 |
| Change (%) | -4.56% | -3.29% | -0.28% | - | +1.62% | +3.32% | +4.77% |
| Change | -0.012333 | -0.008900 | -0.000767 | - | +0.004367 | +0.008977 | +0.012900 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.255100 | 0.260600 | 0.265200 | 0.270700 | 0.275300 | 0.280800 | 0.285400 |
| Camarilla | 0.267023 | 0.267948 | 0.268874 | 0.269800 | 0.270726 | 0.271652 | 0.272578 |
| Woodie | 0.254650 | 0.260375 | 0.264750 | 0.270475 | 0.274850 | 0.280575 | 0.284950 |
| Fibonacci | 0.260600 | 0.264458 | 0.266842 | 0.270700 | 0.274558 | 0.276942 | 0.280800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.222000 | 0.240000 | 0.255900 | 0.273900 | 0.289800 | 0.307800 | 0.323700 |
| Camarilla | 0.262478 | 0.265585 | 0.268693 | 0.271800 | 0.274908 | 0.278015 | 0.281123 |
| Woodie | 0.220950 | 0.239475 | 0.254850 | 0.273375 | 0.288750 | 0.307275 | 0.322650 |
| Fibonacci | 0.240000 | 0.252950 | 0.260950 | 0.273900 | 0.286850 | 0.294850 | 0.307800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.126267 | 0.205033 | 0.262467 | 0.341233 | 0.398667 | 0.477433 | 0.534867 |
| Camarilla | 0.282445 | 0.294930 | 0.307415 | 0.319900 | 0.332385 | 0.344870 | 0.357355 |
| Woodie | 0.115600 | 0.199700 | 0.251800 | 0.335900 | 0.388000 | 0.472100 | 0.524200 |
| Fibonacci | 0.205033 | 0.257062 | 0.289205 | 0.341233 | 0.393262 | 0.425405 | 0.477433 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.89 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -5.331527 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.271131 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.279965 | |
| Elder Ray (13): | -0.001549 | |
| Super Trend (3,10): | 0.268003 | |
| Zig ZAG (10): | 0.269900 | |
| VORTEX (21): | 1.0019 | |
| Stochastique (14,3,5): | 24.89 | |
| TEMA (21): | 0.270717 | |
| Williams %R (14): | -74.07 | |
| Chande Momentum Oscillator (20): | 0.000700 | |
| Repulse (5,40,3): | -0.0613 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0041 | |
| Courbe Coppock: | 0.67 |
| MA7: | 0.271457 | |
| MA20: | 0.281640 | |
| MA50: | 0.307334 | |
| MA100: | 0.362029 | |
| MAexp7: | 0.270852 | |
| MAexp20: | 0.271420 | |
| MAexp50: | 0.271643 | |
| MAexp100: | 0.271629 | |
| Price / MA7: | -0.39% | |
| Price / MA20: | -3.99% | |
| Price / MA50: | -12.02% | |
| Price / MA100: | -25.31% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -0.46% | |
| Price / MAexp100: | -0.45% |
This member declared not having a position on this financial instrument or a related financial instrument.
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