RIPPLE - XRP/USDT - 1H - Technical analysis published on 12/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 2.40 USDT
My targets
2.50 USDT (+0.81%)
2.68 USDT (+8.06%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on RIPPLE - XRP/USDT. This is a positive signal for buyers. As long as the price remains above 2.40 USDT, a purchase could be considered. The first bullish objective is located at 2.50 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.68 USDT as an objective. Crossing it would then enable buyers to target 2.87 USDT. In the event of a return below 2.40 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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This analysis was given by Hoodor1337. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RIPPLE - XRP/USDT rating 2.48 USDT. The price registered an increase of +2.06% on the session and was traded between 2.39 USDT and 2.57 USDT over the period. The price is currently at +3.77% from its lowest and -3.50% from its highest.2.39
2.57
2.48
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 1H shows an overall bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.95 | 2.18 | 2.30 | 2.48 | 2.50 | 2.68 | 2.87 |
| Change (%) | -21.37% | -12.10% | -7.26% | - | +0.81% | +8.06% | +15.73% |
| Change | -0.53 | -0.30 | -0.18 | - | +0.02 | +0.20 | +0.39 |
| Level | Intermediate | 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.09 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 13.99 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 2.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.40 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 2.42 | |
| Zig ZAG (10): | 2.49 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 65.80 | |
| TEMA (21): | 2.51 | |
| Williams %R (14): | -40.76 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | -0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1800 | |
| Courbe Coppock: | 4.64 |
| MA7: | 2.44 | |
| MA20: | 1.78 | |
| MA50: | 1.07 | |
| MA100: | 0.82 | |
| MAexp7: | 2.49 | |
| MAexp20: | 2.45 | |
| MAexp50: | 2.42 | |
| MAexp100: | 2.38 | |
| Price / MA7: | +1.64% | |
| Price / MA20: | +39.33% | |
| Price / MA50: | +131.78% | |
| Price / MA100: | +202.44% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | +1.22% | |
| Price / MAexp50: | +2.48% | |
| Price / MAexp100: | +4.20% |
Quotes :
-
Real time data
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Cryptocompare
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