RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 10/13/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.527593 USDT
My targets
0.535355 USDT (+0.82%)
0.539217 USDT (+1.54%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for RIPPLE - XRP/USDT as long as the price remains well above 0.527593 USDT. The buyers' bullish objective is set at 0.535355 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.539217 USDT. If there is any crossing, the next objective would be the resistance located at 0.543117 USDT. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.535355 USDT. On this resistance, against the trend traders who would like to go short on RIPPLE - XRP/USDT with a bearish signal from their trading strategy, should not hesitate to act.
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
2.9
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This analysis was given by Jaber300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USDT rating is 0.531014 USDT. On the day, this instrument lost -1.53% and was traded between 0.525253 USDT and 0.539438 USDT over the period. The price is currently at +1.10% from its lowest and -1.56% from its highest.0.525253
0.539438
0.531014
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USDT:
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/USDT in 15 min. shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 0.515706 | 0.521196 | 0.528884 | 0.531014 | 0.535045 | 0.541536 | 0.545854 |
| Change (%) | -2.88% | -1.85% | -0.40% | - | +0.76% | +1.98% | +2.79% |
| Change | -0.015308 | -0.009818 | -0.002130 | - | +0.004031 | +0.010522 | +0.014840 |
| Level | Minor | Major | Minor | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.527593 | 0.531455 | 0.535355 | 0.539217 | 0.543117 | 0.546979 | 0.550879 |
| Camarilla | 0.537122 | 0.537833 | 0.538545 | 0.539256 | 0.539968 | 0.540679 | 0.541391 |
| Woodie | 0.527613 | 0.531465 | 0.535375 | 0.539227 | 0.543137 | 0.546989 | 0.550899 |
| Fibonacci | 0.531455 | 0.534420 | 0.536252 | 0.539217 | 0.542182 | 0.544014 | 0.546979 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.500300 | 0.510731 | 0.524993 | 0.535424 | 0.549686 | 0.560117 | 0.574379 |
| Camarilla | 0.532465 | 0.534729 | 0.536993 | 0.539256 | 0.541520 | 0.543783 | 0.546047 |
| Woodie | 0.502217 | 0.511689 | 0.526910 | 0.536382 | 0.551603 | 0.561075 | 0.576296 |
| Fibonacci | 0.510731 | 0.520163 | 0.525991 | 0.535424 | 0.544856 | 0.550684 | 0.560117 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.359921 | 0.431435 | 0.521402 | 0.592916 | 0.682883 | 0.754397 | 0.844364 |
| Camarilla | 0.566963 | 0.581765 | 0.596568 | 0.611370 | 0.626172 | 0.640975 | 0.655777 |
| Woodie | 0.369149 | 0.436048 | 0.530630 | 0.597529 | 0.692111 | 0.759010 | 0.853592 |
| Fibonacci | 0.431435 | 0.493120 | 0.531230 | 0.592916 | 0.654601 | 0.692711 | 0.754397 |
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): | 57.35 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 9.291090 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.529481 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.527222 | |
| Elder Ray (13): | 0.001587 | |
| Super Trend (3,10): | 0.527232 | |
| Zig ZAG (10): | 0.531814 | |
| VORTEX (21): | 1.0971 | |
| Stochastique (14,3,5): | 91.06 | |
| TEMA (21): | 0.530788 | |
| Williams %R (14): | -1.17 | |
| Chande Momentum Oscillator (20): | 0.004911 | |
| Repulse (5,40,3): | 0.4641 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0025 | |
| Courbe Coppock: | 1.29 |
| MA7: | 0.532010 | |
| MA20: | 0.559864 | |
| MA50: | 0.563566 | |
| MA100: | 0.562211 | |
| MAexp7: | 0.530227 | |
| MAexp20: | 0.529143 | |
| MAexp50: | 0.530016 | |
| MAexp100: | 0.532204 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | -5.15% | |
| Price / MA50: | -5.78% | |
| Price / MA100: | -5.55% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | -0.22% |
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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