RIPPLE - XRP/USD - 1H - Technical analysis published on 01/03/2020 (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:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.190750 USD
My targets
0.194700 USD (+1.25%)
0.198200 USD (+3.07%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on RIPPLE - XRP/USD as long as the price remains well above 0.190750 USD. The buyers” bullish objective is set at 0.194700 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.198200 USD. If there is any crossing, the next objective would be the resistance located at 0.233800 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
4.6
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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 0.192300 USD. The price registered an increase of +2.94% on the session with the lowest point at 0.184100 USD and the highest point at 0.193900 USD. The deviation from the price is +4.45% for the low point and -0.83% for the high point.0.184100
0.193900
0.192300
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this RIPPLE - XRP/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
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 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.184800 | 0.187100 | 0.190750 | 0.192300 | 0.194700 | 0.198200 | 0.233800 |
| Change (%) | -3.90% | -2.70% | -0.81% | - | +1.25% | +3.07% | +21.58% |
| Change | -0.007500 | -0.005200 | -0.001550 | - | +0.002400 | +0.005900 | +0.041500 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176133 | 0.180667 | 0.183733 | 0.188267 | 0.191333 | 0.195867 | 0.198933 |
| Camarilla | 0.184710 | 0.185407 | 0.186103 | 0.186800 | 0.187497 | 0.188193 | 0.188890 |
| Woodie | 0.175400 | 0.180300 | 0.183000 | 0.187900 | 0.190600 | 0.195500 | 0.198200 |
| Fibonacci | 0.180667 | 0.183570 | 0.185364 | 0.188267 | 0.191170 | 0.192964 | 0.195867 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.172000 | 0.178400 | 0.185700 | 0.192100 | 0.199400 | 0.205800 | 0.213100 |
| Camarilla | 0.189233 | 0.190488 | 0.191744 | 0.193000 | 0.194256 | 0.195512 | 0.196768 |
| Woodie | 0.172450 | 0.178625 | 0.186150 | 0.192325 | 0.199850 | 0.206025 | 0.213550 |
| Fibonacci | 0.178400 | 0.183633 | 0.186867 | 0.192100 | 0.197333 | 0.200567 | 0.205800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.110000 | 0.142400 | 0.167500 | 0.199900 | 0.225000 | 0.257400 | 0.282500 |
| Camarilla | 0.176788 | 0.182058 | 0.187329 | 0.192600 | 0.197871 | 0.203142 | 0.208413 |
| Woodie | 0.106350 | 0.140575 | 0.163850 | 0.198075 | 0.221350 | 0.255575 | 0.278850 |
| Fibonacci | 0.142400 | 0.164365 | 0.177935 | 0.199900 | 0.221865 | 0.235435 | 0.257400 |
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): | 61.44 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 10.703669 | |
| AROON (14): | 57.142854 | |
| DEMA (21): | 0.191024 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.187237 | |
| Elder Ray (13): | 0.001659 | |
| Super Trend (3,10): | 0.188396 | |
| Zig ZAG (10): | 0.193000 | |
| VORTEX (21): | 1.2245 | |
| Stochastique (14,3,5): | 91.13 | |
| TEMA (21): | 0.192428 | |
| Williams %R (14): | -1.06 | |
| Chande Momentum Oscillator (20): | 0.009400 | |
| Repulse (5,40,3): | 1.0457 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0059 | |
| Courbe Coppock: | 5.85 |
| MA7: | 0.192429 | |
| MA20: | 0.193310 | |
| MA50: | 0.215662 | |
| MA100: | 0.247054 | |
| MAexp7: | 0.192251 | |
| MAexp20: | 0.190316 | |
| MAexp50: | 0.190389 | |
| MAexp100: | 0.191040 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | -0.52% | |
| Price / MA50: | -10.83% | |
| Price / MA100: | -22.16% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +1.04% | |
| Price / MAexp50: | +1.00% | |
| Price / MAexp100: | +0.66% |
This member declared not having a position on this financial instrument or a related financial instrument.
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