RIPPLE - XRP/USDT - 15 min. - Technical analysis published on 12/13/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
0%
28%
My opinion
Bullish above 2.28 USDT
My targets
2.44 USDT (+2.52%)
2.54 USDT (+6.72%)
My analysis
The current short-term bullish trend should quickly fix the basic 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 2.28 USDT. The buyers' bullish objective is set at 2.44 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.54 USDT. If there is any crossing, the next objective would be the resistance located at 2.60 USDT.
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
4.1
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Additional analysis
Quotes
RIPPLE - XRP/USDT rating 2.38 USDT. On the day, this instrument gained +1.71% and was between 2.30 USDT and 2.39 USDT. This implies that the price is at +3.48% from its lowest and at -0.42% from its highest.2.30
2.39
2.38
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this RIPPLE - XRP/USDT chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 2.04 | 2.18 | 2.25 | 2.38 | 2.44 | 2.50 | 2.61 |
Change (%) | -14.29% | -8.40% | -5.46% | - | +2.52% | +5.04% | +9.66% |
Change | -0.34 | -0.20 | -0.13 | - | +0.06 | +0.12 | +0.23 |
Level | Minor | Minor | Major | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.12 | 2.22 | 2.28 | 2.38 | 2.44 | 2.54 | 2.60 |
Camarilla | 2.30 | 2.31 | 2.33 | 2.34 | 2.36 | 2.37 | 2.38 |
Woodie | 2.10 | 2.21 | 2.26 | 2.37 | 2.42 | 2.53 | 2.58 |
Fibonacci | 2.22 | 2.28 | 2.32 | 2.38 | 2.44 | 2.48 | 2.54 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.00 | 1.42 | 2.02 | 2.44 | 3.04 | 3.46 | 4.06 |
Camarilla | 2.33 | 2.42 | 2.52 | 2.61 | 2.70 | 2.80 | 2.89 |
Woodie | 1.08 | 1.47 | 2.10 | 2.49 | 3.12 | 3.51 | 4.14 |
Fibonacci | 1.42 | 1.81 | 2.05 | 2.44 | 2.83 | 3.07 | 3.46 |
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): | 57.12 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 7.87 | |
AROON (14): | 28.57 | |
DEMA (21): | 2.33 | |
Parabolic SAR (0,02-0,02-0,2): | 2.31 | |
Elder Ray (13): | 0.01 | |
Super Trend (3,10): | 2.32 | |
Zig ZAG (10): | 2.34 | |
VORTEX (21): | 1.2700 | |
Stochastique (14,3,5): | 86.67 | |
TEMA (21): | 2.34 | |
Williams %R (14): | 0.00 | |
Chande Momentum Oscillator (20): | 0.03 | |
Repulse (5,40,3): | 0.3700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0100 | |
Courbe Coppock: | 1.55 |
MA7: | 2.41 | |
MA20: | 2.12 | |
MA50: | 1.30 | |
MA100: | 0.93 | |
MAexp7: | 2.35 | |
MAexp20: | 2.33 | |
MAexp50: | 2.34 | |
MAexp100: | 2.35 | |
Price / MA7: | -1.24% | |
Price / MA20: | +12.26% | |
Price / MA50: | +83.08% | |
Price / MA100: | +155.91% | |
Price / MAexp7: | +1.28% | |
Price / MAexp20: | +2.15% | |
Price / MAexp50: | +1.71% | |
Price / MAexp100: | +1.28% |
Quotes :
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Real time data
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Cryptocompare
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