RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 12/07/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2.40 USDT
My targets
2.60 USDT (+3.29%)
2.75 USDT (+9.01%)
My analysis
The bullish trend is currently very strong on RIPPLE - XRP/USDT. As long as the price remains above the support at 2.40 USDT, you could try to benefit from the boom. The first bullish objective is located at 2.60 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.75 USDT as an objective. Crossing it would then enable buyers to target 2.87 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
0
10
8.9
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This analysis was given by Hoodor1337. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USDT price is 2.52 USDT. On the day, this instrument gained +3.70% and was between 2.39 USDT and 2.52 USDT. This implies that the price is at +5.44% from its lowest and at 0% from its highest.2.39
2.52
2.52
Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USDT:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RIPPLE - XRP/USDT in 15 min. 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 market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
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 resistance of triangle
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.18 | 2.30 | 2.50 | 2.52 | 2.68 | 2.87 |
| Change (%) | -13.49% | -8.73% | -0.79% | - | +6.35% | +13.89% |
| Change | -0.34 | -0.22 | -0.02 | - | +0.16 | +0.35 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.06 | 2.14 | 2.29 | 2.37 | 2.52 | 2.60 | 2.75 |
| Camarilla | 2.37 | 2.39 | 2.41 | 2.43 | 2.45 | 2.47 | 2.49 |
| Woodie | 2.09 | 2.16 | 2.32 | 2.39 | 2.55 | 2.62 | 2.78 |
| Fibonacci | 2.14 | 2.23 | 2.29 | 2.37 | 2.46 | 2.52 | 2.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 1.06 | 1.51 | 1.73 | 2.18 | 2.40 | 2.85 |
| Camarilla | 1.77 | 1.83 | 1.89 | 1.95 | 2.01 | 2.07 | 2.13 |
| Woodie | 0.95 | 1.12 | 1.62 | 1.79 | 2.29 | 2.46 | 2.96 |
| Fibonacci | 1.06 | 1.32 | 1.48 | 1.73 | 1.99 | 2.15 | 2.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.50 | 0.00 | 0.97 | 1.47 | 2.44 | 2.94 | 3.91 |
| Camarilla | 1.55 | 1.68 | 1.82 | 1.95 | 2.09 | 2.22 | 2.35 |
| Woodie | -0.26 | 0.12 | 1.22 | 1.59 | 2.69 | 3.06 | 4.16 |
| Fibonacci | 0.00 | 0.56 | 0.91 | 1.47 | 2.03 | 2.38 | 2.94 |
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): | 60.38 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 8.94 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 2.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.43 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 2.42 | |
| Zig ZAG (10): | 2.47 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 85.53 | |
| TEMA (21): | 2.47 | |
| Williams %R (14): | -10.67 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.85 |
| MA7: | 2.44 | |
| MA20: | 1.78 | |
| MA50: | 1.07 | |
| MA100: | 0.82 | |
| MAexp7: | 2.46 | |
| MAexp20: | 2.45 | |
| MAexp50: | 2.43 | |
| MAexp100: | 2.41 | |
| Price / MA7: | +3.28% | |
| Price / MA20: | +41.57% | |
| Price / MA50: | +135.51% | |
| Price / MA100: | +207.32% | |
| Price / MAexp7: | +2.44% | |
| Price / MAexp20: | +2.86% | |
| Price / MAexp50: | +3.70% | |
| Price / MAexp100: | +4.56% |
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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