Londinia Opportunities Analyses - 09/16/2021 (GMT) RIPPLE - XRP/USDT - 1H

- USDT (-)

- Real time data - Cryptocompare

Type:	Cryptocurrencies
Ticker:	XRPUSDT
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

Cryptocurrencies
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 1.11 USDT

My targets

1.13 USDT (+0.89%)

1.23 USDT (+9.82%)

My analysis

The bullish trend is currently very strong on RIPPLE - XRP/USDT. As long as the price remains above the support at 1.11 USDT, you could try to benefit from the boom. The first bullish objective is located at 1.13 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.23 USDT as an objective. Crossing it would then enable buyers to target 1.39 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The RIPPLE - XRP/USDT rating is 1.12 USDT. The price has increased by +0.00% since the last closing with the lowest point at 1.09 USDT and the highest point at 1.13 USDT. The deviation from the price is +2.75% for the low point and -0.88% for the high point.

1.09

1.13

1.12

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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

A technical analysis in 1H of this RIPPLE - XRP/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.07	1.09	1.11	1.12	1.13	1.23	1.39
Change (%)	-4.46%	-2.68%	-0.89%	-	+0.89%	+9.82%	+24.11%
Change	-0.05	-0.03	-0.01	-	+0.01	+0.11	+0.27
Level	Major	Intermediate	Intermediate	-	Intermediate	Minor	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	1.04	1.06	1.09	1.11	1.14	1.16	1.19
Camarilla	1.11	1.11	1.12	1.12	1.13	1.13	1.13
Woodie	1.05	1.06	1.10	1.11	1.15	1.16	1.20
Fibonacci	1.06	1.08	1.09	1.11	1.13	1.14	1.16

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.49	0.74	0.91	1.16	1.33	1.58	1.75
Camarilla	0.97	1.00	1.04	1.08	1.12	1.16	1.20
Woodie	0.45	0.72	0.87	1.14	1.29	1.56	1.71
Fibonacci	0.74	0.90	1.00	1.16	1.32	1.42	1.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.16	0.43	0.81	1.08	1.46	1.73	2.11
Camarilla	1.01	1.07	1.13	1.19	1.25	1.31	1.37
Woodie	0.22	0.46	0.87	1.11	1.52	1.76	2.17
Fibonacci	0.43	0.68	0.83	1.08	1.33	1.48	1.73

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):	58.18
MACD (12,26,9):	0.0100
Directional Movement:	16.57
AROON (14):	78.57
DEMA (21):	1.12
Parabolic SAR (0,02-0,02-0,2):	1.13
Elder Ray (13):	0.01
Super Trend (3,10):	1.09
Zig ZAG (10):	1.11
VORTEX (21):	1.1400
Stochastique (14,3,5):	66.53
TEMA (21):	1.12
Williams %R (14):	-40.91
Chande Momentum Oscillator (20):	0.01
Repulse (5,40,3):	-0.9800
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	4.80

MA7:	1.09
MA20:	1.16
MA50:	1.06
MA100:	0.87
MAexp7:	1.12
MAexp20:	1.11
MAexp50:	1.09
MAexp100:	1.09
Price / MA7:	+2.75%
Price / MA20:	-3.45%
Price / MA50:	+5.66%
Price / MA100:	+28.74%
Price / MAexp7:	-0%
Price / MAexp20:	+0.90%
Price / MAexp50:	+2.75%
Price / MAexp100:	+2.75%

Quotes : - Real time data - Cryptocompare