RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 08/21/2023 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.536967 USDT
My targets
0.517633 USDT (-1.06%)
0.496767 USDT (-5.05%)
My analysis
RIPPLE - XRP/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.536967 USDT. The next support located at 0.517633 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.496767 USDT. Below this support, sellers could then target 0.477433 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7
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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 rating is 0.523200 USDT. The price registered a decrease of -2.82% on the session and was traded between 0.517600 USDT and 0.539700 USDT over the period. The price is currently at +1.08% from its lowest and -3.06% from its highest.0.517600
0.539700
0.523200
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USDT:
Technical
A technical analysis in 15 min. of this RIPPLE - XRP/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 3 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
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 channel
Type : Bullish
Timeframe : 15 minutes
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 | 0.447800 | 0.462700 | 0.497850 | 0.523200 | 0.537184 | 0.584360 | 0.624800 |
| Change (%) | -14.41% | -11.56% | -4.85% | - | +2.67% | +11.69% | +19.42% |
| Change | -0.075400 | -0.060500 | -0.025350 | - | +0.013984 | +0.061160 | +0.101600 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Major |
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 | 0.477433 | 0.496767 | 0.517633 | 0.536967 | 0.557833 | 0.577167 | 0.598033 |
| Camarilla | 0.527445 | 0.531130 | 0.534815 | 0.538500 | 0.542185 | 0.545870 | 0.549555 |
| Woodie | 0.478200 | 0.497150 | 0.518400 | 0.537350 | 0.558600 | 0.577550 | 0.598800 |
| Fibonacci | 0.496767 | 0.512123 | 0.521610 | 0.536967 | 0.552323 | 0.561810 | 0.577167 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 37.13 | |
| MACD (12,26,9): | -0.0036 | |
| Directional Movement: | -19.527177 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.520050 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.524012 | |
| Elder Ray (13): | -0.001166 | |
| Super Trend (3,10): | 0.528191 | |
| Zig ZAG (10): | 0.522300 | |
| VORTEX (21): | 0.8442 | |
| Stochastique (14,3,5): | 25.83 | |
| TEMA (21): | 0.519099 | |
| Williams %R (14): | -66.91 | |
| Chande Momentum Oscillator (20): | -0.005100 | |
| Repulse (5,40,3): | 0.3937 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0997 | |
| Courbe Coppock: | 3.28 |
| MA7: | 0.541914 | |
| MA20: | 0.604565 | |
| MA50: | 0.631614 | |
| MA100: | 0.559206 | |
| MAexp7: | 0.521436 | |
| MAexp20: | 0.524750 | |
| MAexp50: | 0.529918 | |
| MAexp100: | 0.530920 | |
| Price / MA7: | -3.45% | |
| Price / MA20: | -13.46% | |
| Price / MA50: | -17.16% | |
| Price / MA100: | -6.44% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | -0.30% | |
| Price / MAexp50: | -1.27% | |
| Price / MAexp100: | -1.45% |
Quotes :
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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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