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 11/22/2024 (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

89%

11%

My opinion

Bullish above 1.15 USD

My targets

1.39 USD (+9.45%)

1.41 USD (+10.79%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RIPPLE - XRP/USD as long as the price remains well above 1.15 USD. The buyers' bullish objective is set at 1.39 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.41 USD. If there is any crossing, the next objective would be the resistance located at 1.84 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.8

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

RIPPLE - XRP/USD rating 1.27 USD. The price registered an increase of +1.60% on the session and was traded between 1.25 USD and 1.30 USD over the period. The price is currently at +1.60% from its lowest and -2.31% from its highest.

1.25

1.30

1.27

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of RIPPLE - XRP/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

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

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Three white soldiers

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.06	1.15	1.27	1.27	1.39	1.84	2.78
Change (%)	-16.51%	-9.59%	-0.19%	-	+9.45%	+44.73%	+118.90%
Change	-0.21	-0.12	+0.00	-	+0.12	+0.57	+1.51
Level	Major	Intermediate	Minor	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.95	1.02	1.13	1.20	1.31	1.38	1.49
Camarilla	1.20	1.22	1.23	1.25	1.27	1.28	1.30
Woodie	0.98	1.03	1.16	1.21	1.34	1.39	1.52
Fibonacci	1.02	1.09	1.13	1.20	1.27	1.31	1.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.01	0.27	0.70	0.98	1.41	1.69	2.12
Camarilla	0.93	0.99	1.06	1.12	1.19	1.25	1.32
Woodie	0.06	0.31	0.77	1.02	1.48	1.73	2.19
Fibonacci	0.27	0.55	0.71	0.98	1.26	1.42	1.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.40	0.44	0.48	0.52	0.56	0.60	0.64
Camarilla	0.49	0.50	0.50	0.51	0.52	0.53	0.53
Woodie	0.39	0.44	0.47	0.52	0.55	0.60	0.63
Fibonacci	0.44	0.47	0.49	0.52	0.55	0.57	0.60

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):	75.11
MACD (12,26,9):	0.0300
Directional Movement:	35.46
AROON (14):	64.29
DEMA (21):	1.20
Parabolic SAR (0,02-0,02-0,2):	1.17
Elder Ray (13):	0.08
Super Trend (3,10):	1.16
Zig ZAG (10):	1.28
VORTEX (21):	1.2200
Stochastique (14,3,5):	88.73
TEMA (21):	1.23
Williams %R (14):	-0.50
Chande Momentum Oscillator (20):	0.16
Repulse (5,40,3):	8.8300
ROCnROLL:	1
TRIX (15,9):	0.2400
Courbe Coppock:	16.39

MA7:	1.15
MA20:	0.80
MA50:	0.64
MA100:	0.61
MAexp7:	1.22
MAexp20:	1.17
MAexp50:	1.13
MAexp100:	1.10
Price / MA7:	+10.43%
Price / MA20:	+58.75%
Price / MA50:	+98.44%
Price / MA100:	+108.20%
Price / MAexp7:	+4.10%
Price / MAexp20:	+8.55%
Price / MAexp50:	+12.39%
Price / MAexp100:	+15.45%

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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