RIPPLE - XRP/USD - 1H - Technical analysis published on 09/02/2019 (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 bullish
De fond:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.257100 USD
My targets
0.261500 USD (+1.59%)
0.264450 USD (+2.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on Ripple - XRP/USD as long as the price remains well above 0.257100 USD. The buyers” bullish objective is set at 0.261500 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.264450 USD. If there is any crossing, the next objective would be the resistance located at 0.270050 USD.
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 0.257400 USD. The price has increased by +0.35% since the last closing and was between 0.253800 USD and 0.258400 USD. This implies that the price is at +1.42% from its lowest and at -0.39% from its highest.0.253800
0.258400
0.257400
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of Ripple - XRP/USD in 1H shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish 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 probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel 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 | 0.246300 | 0.252591 | 0.257100 | 0.257400 | 0.261500 | 0.264450 | 0.270050 |
| Change (%) | -4.31% | -1.87% | -0.12% | - | +1.59% | +2.74% | +4.91% |
| Change | -0.011100 | -0.004809 | -0.000300 | - | +0.004100 | +0.007050 | +0.012650 |
| Level | Minor | Intermediate | Minor | - | Minor | 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 | 0.243833 | 0.247367 | 0.251933 | 0.255467 | 0.260033 | 0.263567 | 0.268133 |
| Camarilla | 0.254273 | 0.255015 | 0.255758 | 0.256500 | 0.257243 | 0.257985 | 0.258728 |
| Woodie | 0.244350 | 0.247625 | 0.252450 | 0.255725 | 0.260550 | 0.263825 | 0.268650 |
| Fibonacci | 0.247367 | 0.250461 | 0.252373 | 0.255467 | 0.258561 | 0.260473 | 0.263567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.208500 | 0.227400 | 0.242700 | 0.261600 | 0.276900 | 0.295800 | 0.311100 |
| Camarilla | 0.248595 | 0.251730 | 0.254865 | 0.258000 | 0.261135 | 0.264270 | 0.267405 |
| Woodie | 0.206700 | 0.226500 | 0.240900 | 0.260700 | 0.275100 | 0.294900 | 0.309300 |
| Fibonacci | 0.227400 | 0.240464 | 0.248536 | 0.261600 | 0.274664 | 0.282736 | 0.295800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.134867 | 0.188933 | 0.223467 | 0.277533 | 0.312067 | 0.366133 | 0.400667 |
| Camarilla | 0.233635 | 0.241757 | 0.249878 | 0.258000 | 0.266122 | 0.274243 | 0.282365 |
| Woodie | 0.125100 | 0.184050 | 0.213700 | 0.272650 | 0.302300 | 0.361250 | 0.390900 |
| Fibonacci | 0.188933 | 0.222779 | 0.243688 | 0.277533 | 0.311379 | 0.332288 | 0.366133 |
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): | 54.52 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 10.873094 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.255788 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.253363 | |
| Elder Ray (13): | 0.001242 | |
| Super Trend (3,10): | 0.253799 | |
| Zig ZAG (10): | 0.256700 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 76.09 | |
| TEMA (21): | 0.256095 | |
| Williams %R (14): | -36.96 | |
| Chande Momentum Oscillator (20): | 0.001500 | |
| Repulse (5,40,3): | -0.0314 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0068 | |
| Courbe Coppock: | 0.39 |
| MA7: | 0.258443 | |
| MA20: | 0.266395 | |
| MA50: | 0.294144 | |
| MA100: | 0.352716 | |
| MAexp7: | 0.256261 | |
| MAexp20: | 0.255765 | |
| MAexp50: | 0.255939 | |
| MAexp100: | 0.256962 | |
| Price / MA7: | -0.40% | |
| Price / MA20: | -3.38% | |
| Price / MA50: | -12.49% | |
| Price / MA100: | -27.02% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +0.64% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.17% |
This member declared not having a position on this financial instrument or a related financial instrument.
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