RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - 1H - Technical analysis published on 11/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.747700 USD

My targets

0.819900 USD (+3.20%)

0.863100 USD (+8.63%)

My analysis

The bullish trend is currently very strong on RIPPLE - XRP/USD. As long as the price remains above the support at 0.747700 USD, you could try to benefit from the boom. The first bullish objective is located at 0.819900 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.863100 USD as an objective. Crossing it would then enable buyers to target 1.390000 USD. 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.

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

9.1

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 jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RIPPLE - XRP/USD rating is 0.794500 USD. The price registered an increase of +14.98% on the session with the lowest point at 0.683400 USD and the highest point at 0.799700 USD. The deviation from the price is +16.26% for the low point and -0.65% for the high point.

0.683400

0.799700

0.794500

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

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

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of RIPPLE - XRP/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

Three white soldiers

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.698900	0.721933	0.747700	0.794500	0.819900	0.863100	1.390000
Change (%)	-12.03%	-9.13%	-5.89%	-	+3.20%	+8.63%	+74.95%
Change	-0.095600	-0.072567	-0.046800	-	+0.025400	+0.068600	+0.595500
Level	Minor	Intermediate	Major	-	Intermediate	Minor	Minor

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	0.533567	0.587733	0.639367	0.693533	0.745167	0.799333	0.850967
Camarilla	0.661905	0.671603	0.681302	0.691000	0.700698	0.710397	0.720095
Woodie	0.532300	0.587100	0.638100	0.692900	0.743900	0.798700	0.849700
Fibonacci	0.587733	0.628149	0.653118	0.693533	0.733949	0.758918	0.799333

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.421333	0.456667	0.508133	0.543467	0.594933	0.630267	0.681733
Camarilla	0.535730	0.543687	0.551643	0.559600	0.567557	0.575513	0.583470
Woodie	0.429400	0.460700	0.516200	0.547500	0.603000	0.634300	0.689800
Fibonacci	0.456667	0.489824	0.510309	0.543467	0.576624	0.597109	0.630267

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.308433	0.398567	0.453733	0.543867	0.599033	0.689167	0.744333
Camarilla	0.468943	0.482262	0.495581	0.508900	0.522219	0.535538	0.548858
Woodie	0.290950	0.389825	0.436250	0.535125	0.581550	0.680425	0.726850
Fibonacci	0.398567	0.454071	0.488362	0.543867	0.599371	0.633662	0.689167

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):	74.41
MACD (12,26,9):	0.0188
Directional Movement:	26.473128
AROON (14):	85.714286
DEMA (21):	0.746933
Parabolic SAR (0,02-0,02-0,2):	0.716170
Elder Ray (13):	0.039695
Super Trend (3,10):	0.709183
Zig ZAG (10):	0.788900
VORTEX (21):	1.1974
Stochastique (14,3,5):	96.93
TEMA (21):	0.758507
Williams %R (14):	-2.44
Chande Momentum Oscillator (20):	0.093400
Repulse (5,40,3):	7.8763
ROCnROLL:	1
TRIX (15,9):	0.2269
Courbe Coppock:	14.19

MA7:	0.645214
MA20:	0.562380
MA50:	0.554620
MA100:	0.564111
MAexp7:	0.754185
MAexp20:	0.724425
MAexp50:	0.698560
MAexp100:	0.665867
Price / MA7:	+23.14%
Price / MA20:	+41.27%
Price / MA50:	+43.25%
Price / MA100:	+40.84%
Price / MAexp7:	+5.35%
Price / MAexp20:	+9.67%
Price / MAexp50:	+13.73%
Price / MAexp100:	+19.32%

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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