RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 08/20/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
72%
6%
My opinion
Bullish above 0.514967 USDT
My targets
0.552433 USDT (+2.70%)
0.584360 USDT (+8.64%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RIPPLE - XRP/USDT. As long as you are above the support located at 0.514967 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.552433 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.584360 USDT as an objective. Crossing it would then enable buyers to target 0.624800 USDT. If the support 0.514967 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
0.2
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This analysis was given by adhemar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USDT price is 0.537900 USDT. On the day, this instrument gained +3.44% with the lowest point at 0.516100 USDT and the highest point at 0.556300 USDT. The deviation from the price is +4.22% for the low point and -3.31% for the high point.0.516100
0.556300
0.537900
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USDT:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 15 min. chart of RIPPLE - XRP/USDT indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.462700 | 0.497850 | 0.537184 | 0.537900 | 0.584360 | 0.624800 | 0.643300 |
| Change (%) | -13.98% | -7.45% | -0.13% | - | +8.64% | +16.16% | +19.59% |
| Change | -0.075200 | -0.040050 | -0.000716 | - | +0.046460 | +0.086900 | +0.105400 |
| Level | Intermediate | Major | Major | - | Minor | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.482533 | 0.491667 | 0.505833 | 0.514967 | 0.529133 | 0.538267 | 0.552433 |
| Camarilla | 0.513593 | 0.515728 | 0.517864 | 0.520000 | 0.522136 | 0.524272 | 0.526408 |
| Woodie | 0.485050 | 0.492925 | 0.508350 | 0.516225 | 0.531650 | 0.539525 | 0.554950 |
| Fibonacci | 0.491667 | 0.500567 | 0.506066 | 0.514967 | 0.523867 | 0.529366 | 0.538267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.241800 | 0.344800 | 0.432400 | 0.535400 | 0.623000 | 0.726000 | 0.813600 |
| Camarilla | 0.467585 | 0.485057 | 0.502528 | 0.520000 | 0.537472 | 0.554943 | 0.572415 |
| Woodie | 0.234100 | 0.340950 | 0.424700 | 0.531550 | 0.615300 | 0.722150 | 0.805900 |
| Fibonacci | 0.344800 | 0.417609 | 0.462591 | 0.535400 | 0.608209 | 0.653191 | 0.726000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.009533 | 0.225733 | 0.461667 | 0.696933 | 0.932867 | 1.168133 | 1.404067 |
| Camarilla | 0.568020 | 0.611213 | 0.654407 | 0.697600 | 0.740793 | 0.783987 | 0.827180 |
| Woodie | -0.009200 | 0.225900 | 0.462000 | 0.697100 | 0.933200 | 1.168300 | 1.404400 |
| Fibonacci | 0.225733 | 0.405732 | 0.516935 | 0.696933 | 0.876932 | 0.988135 | 1.168133 |
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): | 37.99 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -12.328977 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.538574 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.541365 | |
| Elder Ray (13): | -0.004591 | |
| Super Trend (3,10): | 0.543030 | |
| Zig ZAG (10): | 0.533500 | |
| VORTEX (21): | 0.8440 | |
| Stochastique (14,3,5): | 9.00 | |
| TEMA (21): | 0.534730 | |
| Williams %R (14): | -93.96 | |
| Chande Momentum Oscillator (20): | -0.012200 | |
| Repulse (5,40,3): | -0.9365 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0250 | |
| Courbe Coppock: | 3.43 |
| MA7: | 0.557057 | |
| MA20: | 0.613480 | |
| MA50: | 0.630720 | |
| MA100: | 0.558160 | |
| MAexp7: | 0.536055 | |
| MAexp20: | 0.538499 | |
| MAexp50: | 0.535060 | |
| MAexp100: | 0.528292 | |
| Price / MA7: | -3.44% | |
| Price / MA20: | -12.32% | |
| Price / MA50: | -14.72% | |
| Price / MA100: | -3.63% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | +0.53% | |
| Price / MAexp100: | +1.82% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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