RIPPLE - XRP/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRPUSDT
ISIN:

RIPPLE - XRP/USDT - Daily - Technical analysis published on 11/17/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 0.979986 USDT

My targets

My analysis

The bullish trend is currently very strong on RIPPLE - XRP/USDT. As long as the price remains above the support at 0.979986 USDT, you could try to benefit from the boom. 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

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RIPPLE - XRP/USDT rating 1.058940 USDT. The price is lower by -5.49% since the last closing and was between 1.003675 USDT and 1.159754 USDT. This implies that the price is at +5.51% from its lowest and at -8.69% from its highest.

1.003675

1.159754

1.058940

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of RIPPLE - XRP/USDT in Daily shows a strongly overall bullish trend. 92.86% 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 detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	0.722868	0.819900	0.863500	1.058940
Change (%)	-31.74%	-22.57%	-18.46%	-
Change	-0.336072	-0.239040	-0.195440	-
Level	Major	Major	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	0.525087	0.701552	0.911012	1.087477	1.296937	1.473402	1.682862
Camarilla	1.014344	1.049720	1.085097	1.120473	1.155850	1.191226	1.226602
Woodie	0.541586	0.709801	0.927511	1.095726	1.313436	1.481651	1.699361
Fibonacci	0.701552	0.848975	0.940053	1.087477	1.234900	1.325978	1.473402

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.012364	0.271590	0.696032	0.979986	1.404428	1.688382	2.112824
Camarilla	0.925664	0.990600	1.055537	1.120473	1.185409	1.250346	1.315282
Woodie	0.057879	0.306712	0.766275	1.015108	1.474671	1.723504	2.183067
Fibonacci	0.271590	0.542198	0.709379	0.979986	1.250594	1.417775	1.688382

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.312165	0.401501	0.455516	0.544852	0.598867	0.688203	0.742218
Camarilla	0.470111	0.483251	0.496392	0.509532	0.522673	0.535813	0.548954
Woodie	0.294506	0.392671	0.437857	0.536022	0.581208	0.679373	0.724559
Fibonacci	0.401501	0.456261	0.490092	0.544852	0.599612	0.633443	0.688203

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):	85.06
MACD (12,26,9):	0.1119
Directional Movement:	50.500813
AROON (14):	92.857143
DEMA (21):	0.824700
Parabolic SAR (0,02-0,02-0,2):	0.765754
Elder Ray (13):	0.310248
Super Trend (3,10):	0.771842
Zig ZAG (10):	1.063809
VORTEX (21):	1.3322
Stochastique (14,3,5):	82.43
TEMA (21):	0.922204
Williams %R (14):	-26.47
Chande Momentum Oscillator (20):	0.546346
Repulse (5,40,3):	18.4979
ROCnROLL:	1
TRIX (15,9):	1.2763
Courbe Coppock:	130.69

MA7:	0.836825
MA20:	0.638626
MA50:	0.580265
MA100:	0.576784
MAexp7:	0.879309
MAexp20:	0.705950
MAexp50:	0.617429
MAexp100:	0.586375
Price / MA7:	+26.54%
Price / MA20:	+65.82%
Price / MA50:	+82.49%
Price / MA100:	+83.59%
Price / MAexp7:	+20.43%
Price / MAexp20:	+50.00%
Price / MAexp50:	+71.51%
Price / MAexp100:	+80.59%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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