RIPPLE - XRP/USD - 15 min. - Technical analysis published on 11/24/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 1.38 USD and 1.51 USD
My targets
-
My analysis
The strong short-term increase on RIPPLE - XRP/USD is in contrast to the bearish trend. Buyers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a rebound. Has an economic announcement impacting the basics been published? As long as the price remains above 1.38 USD, you could take advantage of the short-term boom. The first bullish objective would be 1.51 USD. Then the price could move towards 1.59 USD. Then 1.72 USD by extension. Attention should be paid to the reaction of the price on these resistances to see if the sellers show up. Be careful, a return below 1.38 USD could be a sign of a reversal of the bearish trend.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD price is 1.40 USD. The price registered a decrease of -4.76% on the session and was traded between 1.29 USD and 1.51 USD over the period. The price is currently at +8.53% from its lowest and -7.28% from its highest.1.29
1.51
1.40
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
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. 64.29% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that the overall trend could quickly run out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.12 | 1.27 | 1.39 | 1.40 | 1.50 | 1.84 | 2.78 |
| Change (%) | -19.96% | -9.46% | -0.71% | - | +6.99% | +31.29% | +98.57% |
| Change | -0.28 | -0.13 | -0.01 | - | +0.10 | +0.44 | +1.38 |
| 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 | 1.17 | 1.30 | 1.38 | 1.51 | 1.59 | 1.72 | 1.80 |
| Camarilla | 1.41 | 1.43 | 1.45 | 1.47 | 1.49 | 1.51 | 1.53 |
| Woodie | 1.16 | 1.29 | 1.37 | 1.50 | 1.58 | 1.71 | 1.79 |
| Fibonacci | 1.30 | 1.38 | 1.43 | 1.51 | 1.59 | 1.64 | 1.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.47 | 0.74 | 1.10 | 1.37 | 1.73 | 2.00 | 2.36 |
| Camarilla | 1.30 | 1.36 | 1.41 | 1.47 | 1.53 | 1.59 | 1.64 |
| Woodie | 0.53 | 0.76 | 1.16 | 1.39 | 1.79 | 2.02 | 2.42 |
| Fibonacci | 0.74 | 0.98 | 1.13 | 1.37 | 1.61 | 1.76 | 2.00 |
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): | 52.69 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.26 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.34 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.40 | |
| Zig ZAG (10): | 1.38 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 69.04 | |
| TEMA (21): | 1.39 | |
| Williams %R (14): | -29.43 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 0.5300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 5.78 |
| MA7: | 1.27 | |
| MA20: | 0.90 | |
| MA50: | 0.68 | |
| MA100: | 0.63 | |
| MAexp7: | 1.38 | |
| MAexp20: | 1.37 | |
| MAexp50: | 1.39 | |
| MAexp100: | 1.42 | |
| Price / MA7: | +10.24% | |
| Price / MA20: | +55.56% | |
| Price / MA50: | +105.88% | |
| Price / MA100: | +122.22% | |
| Price / MAexp7: | +1.45% | |
| Price / MAexp20: | +2.19% | |
| Price / MAexp50: | +0.72% | |
| Price / MAexp100: | -1.41% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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