RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - 15 min. - Technical analysis published on 11/24/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

61%

39%

My opinion

Bullish above 1.38 USD

My targets

1.51 USD (+6.13%)

1.59 USD (+12.18%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for RIPPLE - XRP/USD as long as the price remains well above 1.38 USD. The buyers' bullish objective is set at 1.51 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.59 USD. If there is any crossing, the next objective would be the resistance located at 1.72 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 1.51 USD. On this resistance, against the trend traders who would like to go short on RIPPLE - XRP/USD with a bearish signal from their trading strategy, should not hesitate to act.

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

1.8

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

The RIPPLE - XRP/USD price is 1.42 USD. On the day, this instrument lost -3.40% and was between 1.29 USD and 1.51 USD. This implies that the price is at +10.08% from its lowest and at -5.96% from its highest.

1.29

1.51

1.42

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

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 slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.12	1.27	1.39	1.42	1.50	1.84	2.78
Change (%)	-21.08%	-10.73%	-2.11%	-	+5.48%	+29.44%	+95.77%
Change	-0.30	-0.15	-0.03	-	+0.08	+0.42	+1.36
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:	+11.81%
Price / MA20:	+57.78%
Price / MA50:	+108.82%
Price / MA100:	+125.40%
Price / MAexp7:	+2.90%
Price / MAexp20:	+3.65%
Price / MAexp50:	+2.16%
Price / MAexp100:	-0%

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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