RIPPLE - XRP/USD - 15 min. - Technical analysis published on 11/23/2024 (GMT)
- 200
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
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:
Bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 1.56 USD
My targets
1.41 USD (-4.29%)
1.31 USD (-10.68%)
My analysis
In the short term, we can see an acceleration in the bearish trend on RIPPLE - XRP/USD, which is a positive signal for sellers. As long as the price remains above 1.56 USD, a sale could be considered. The first bearish objective is located at 1.41 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.31 USD as an objective. Crossing it would then enable sellers to target 1.16 USD. If the price were to return above 1.56 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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 1.47 USD. The price registered an increase of +0.00% on the session and was traded between 1.42 USD and 1.63 USD over the period. The price is currently at +3.52% from its lowest and -9.82% from its highest.1.42
1.63
1.47
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:
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of RIPPLE - XRP/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.12 | 1.27 | 1.39 | 1.47 | 1.50 | 1.84 | 2.78 |
| Change (%) | -23.77% | -13.77% | -5.44% | - | +1.89% | +25.04% | +89.12% |
| Change | -0.35 | -0.20 | -0.08 | - | +0.03 | +0.37 | +1.31 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.06 | 1.16 | 1.31 | 1.41 | 1.56 | 1.66 | 1.81 |
| Camarilla | 1.40 | 1.42 | 1.45 | 1.47 | 1.49 | 1.52 | 1.54 |
| Woodie | 1.10 | 1.17 | 1.35 | 1.42 | 1.60 | 1.67 | 1.85 |
| Fibonacci | 1.16 | 1.25 | 1.31 | 1.41 | 1.50 | 1.56 | 1.66 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.41 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -18.93 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 1.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.48 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1.51 | |
| Zig ZAG (10): | 1.47 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 43.66 | |
| TEMA (21): | 1.45 | |
| Williams %R (14): | -49.63 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | 1.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 3.86 |
| MA7: | 1.22 | |
| MA20: | 0.86 | |
| MA50: | 0.66 | |
| MA100: | 0.62 | |
| MAexp7: | 1.46 | |
| MAexp20: | 1.48 | |
| MAexp50: | 1.51 | |
| MAexp100: | 1.50 | |
| Price / MA7: | +20.49% | |
| Price / MA20: | +70.93% | |
| Price / MA50: | +122.73% | |
| Price / MA100: | +137.10% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | -2.65% | |
| Price / MAexp100: | -2.00% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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/USD - 15 min.