RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - 1H - Technical analysis published on 04/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 0.502911 USD

My targets

0.538056 USD (+1.83%)

0.573433 USD (+8.52%)

My analysis

RIPPLE - XRP/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.502911 USD. The next resistance located at 0.538056 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.573433 USD. After this resistance, buyers could then target 0.604100 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RIPPLE - XRP/USD price is 0.528400 USD. The price is lower by -0.10% since the last closing and was traded between 0.522000 USD and 0.530300 USD over the period. The price is currently at +1.23% from its lowest and -0.36% from its highest.

0.522000

0.530300

0.528400

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

Here is a more detailed summary of the historical variations registered by RIPPLE - XRP/USD:

Abnormal volumes on RIPPLE - XRP/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this RIPPLE - XRP/USD chart shows a strongly 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 does not detect any result on moving averages that would impact this trend.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

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	R1	R2	R3
ProTrendLines	0.431700	0.479500	0.502911	0.528400	0.538056	0.604100	0.672611
Change (%)	-18.30%	-9.25%	-4.82%	-	+1.83%	+14.33%	+27.29%
Change	-0.096700	-0.048900	-0.025489	-	+0.009656	+0.075700	+0.144211
Level	Minor	Major	Intermediate	-	Major	Intermediate	Intermediate

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	0.476833	0.487767	0.508333	0.519267	0.539833	0.550767	0.571333
Camarilla	0.520238	0.523125	0.526013	0.528900	0.531788	0.534675	0.537563
Woodie	0.481650	0.490175	0.513150	0.521675	0.544650	0.553175	0.576150
Fibonacci	0.487767	0.499800	0.507234	0.519267	0.531300	0.538734	0.550767

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.420167	0.442433	0.485667	0.507933	0.551167	0.573433	0.616667
Camarilla	0.510888	0.516892	0.522896	0.528900	0.534904	0.540908	0.546913
Woodie	0.430650	0.447675	0.496150	0.513175	0.561650	0.578675	0.627150
Fibonacci	0.442433	0.467454	0.482912	0.507933	0.532954	0.548412	0.573433

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.390767	0.479933	0.554567	0.643733	0.718367	0.807533	0.882167
Camarilla	0.584155	0.599170	0.614185	0.629200	0.644215	0.659230	0.674245
Woodie	0.383500	0.476300	0.547300	0.640100	0.711100	0.803900	0.874900
Fibonacci	0.479933	0.542505	0.581162	0.643733	0.706305	0.744962	0.807533

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):	63.23
MACD (12,26,9):	0.0048
Directional Movement:	9.241642
AROON (14):	28.571429
DEMA (21):	0.530087
Parabolic SAR (0,02-0,02-0,2):	0.520685
Elder Ray (13):	0.003030
Super Trend (3,10):	0.517190
Zig ZAG (10):	0.528800
VORTEX (21):	1.1571
Stochastique (14,3,5):	85.56
TEMA (21):	0.530346
Williams %R (14):	-9.79
Chande Momentum Oscillator (20):	0.008400
Repulse (5,40,3):	0.3137
ROCnROLL:	1
TRIX (15,9):	0.1500
Courbe Coppock:	3.23

MA7:	0.507643
MA20:	0.553400
MA50:	0.599946
MA100:	0.571383
MAexp7:	0.527362
MAexp20:	0.523513
MAexp50:	0.514824
MAexp100:	0.510894
Price / MA7:	+4.09%
Price / MA20:	-4.52%
Price / MA50:	-11.93%
Price / MA100:	-7.52%
Price / MAexp7:	+0.20%
Price / MAexp20:	+0.93%
Price / MAexp50:	+2.64%
Price / MAexp100:	+3.43%

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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Londinia AI

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