RIPPLE - XRP/USDT
RIPPLE - XRP/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XRPUSDT
ISIN:

RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 12/12/2024 (GMT)

  • 229
  • 0
  • Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • 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: Slightly bullish
Technical indicators
11%
56%
33%
My opinion
Bearish under 2.49 USDT
My targets
2.37 USDT (-1.78%)
2.27 USDT (-5.68%)
My analysis
The strong short-term decline in RIPPLE - XRP/USDT calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 2.49 USDT, one could consider taking advantage of the short-term movement. The first bearish objective is located at 2.37 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.27 USDT as an objective. Crossing it would then enable sellers to target 2.15 USDT. Be careful, a return to above 2.49 USDT could jeopardize the reversal.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
2

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 Trillion. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

RIPPLE - XRP/USDT rating 2.41 USDT. The price registered an increase of +0.42% on the session and was between 2.36 USDT and 2.48 USDT. This implies that the price is at +2.12% from its lowest and at -2.82% from its highest.

2.36
2.48
2.41

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of RIPPLE - XRP/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes


MACD indicator is back under 0

Type : Bearish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.18 2.25 2.39 2.41 2.46 2.57 2.65
Change (%) -9.54% -6.64% -0.83% - +2.07% +6.64% +9.96%
Change -0.23 -0.16 -0.02 - +0.05 +0.16 +0.24
Level Intermediate Intermediate Minor - Major Minor 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
Standard2.052.152.272.372.492.592.71
Camarilla2.342.362.382.402.422.442.46
Woodie2.072.162.292.382.512.602.73
Fibonacci2.152.232.282.372.452.502.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.001.422.022.443.043.464.06
Camarilla2.332.422.522.612.702.802.89
Woodie1.081.472.102.493.123.514.14
Fibonacci1.421.812.052.442.833.073.46


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.500.000.971.472.442.943.91
Camarilla1.551.681.821.952.092.222.35
Woodie-0.260.121.221.592.693.064.16
Fibonacci0.000.560.911.472.032.382.94

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): 42.18
MACD (12,26,9): 0.0000
Directional Movement: 1.03
AROON (14): -64.29
DEMA (21): 2.43
Parabolic SAR (0,02-0,02-0,2): 2.48
Elder Ray (13): -0.01
Super Trend (3,10): 2.44
Zig ZAG (10): 2.40
VORTEX (21): 0.7600
Stochastique (14,3,5): 11.11
TEMA (21): 2.42
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.04
Repulse (5,40,3): -1.2400
ROCnROLL: 2
TRIX (15,9): 0.0200
Courbe Coppock: 1.44
MA7: 2.43
MA20: 2.08
MA50: 1.26
MA100: 0.91
MAexp7: 2.41
MAexp20: 2.43
MAexp50: 2.42
MAexp100: 2.40
Price / MA7: -0.82%
Price / MA20: +15.87%
Price / MA50: +91.27%
Price / MA100: +164.84%
Price / MAexp7: -0%
Price / MAexp20: -0.82%
Price / MAexp50: -0.41%
Price / MAexp100: +0.42%

Quotes : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
16033
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis RIPPLE - XRP/USDT - 15 min.