RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - Daily - Technical analysis published on 11/25/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above

My targets

()

My analysis

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

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 1.39 USD. The price is lower by -3.47% since the last closing and was traded between 1.36 USD and 1.44 USD over the period. The price is currently at +2.21% from its lowest and -3.47% from its highest.

1.36

1.44

1.39

The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 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 Daily chart of RIPPLE - XRP/USD indicates that the overall trend is strongly bullish. 92.86% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	0.63	0.72	1.12	1.39	1.39	1.84	2.78
Change (%)	-54.93%	-48.06%	-19.38%	0%	-	+32.24%	+100.00%
Change	-0.76	-0.67	-0.27	0	-	+0.45	+1.39
Level	Intermediate	Intermediate	Intermediate	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	1.10	1.19	1.32	1.41	1.54	1.63	1.76
Camarilla	1.38	1.40	1.42	1.44	1.46	1.48	1.50
Woodie	1.11	1.20	1.33	1.42	1.55	1.64	1.77
Fibonacci	1.19	1.28	1.33	1.41	1.50	1.55	1.63

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	80.91
MACD (12,26,9):	0.2300
Directional Movement:	36.55
AROON (14):	85.71
DEMA (21):	1.31
Parabolic SAR (0,02-0,02-0,2):	1.28
Elder Ray (13):	0.23
Super Trend (3,10):	1.13
Zig ZAG (10):	1.39
VORTEX (21):	1.3300
Stochastique (14,3,5):	80.87
TEMA (21):	1.46
Williams %R (14):	-23.74
Chande Momentum Oscillator (20):	0.70
Repulse (5,40,3):	4.9000
ROCnROLL:	1
TRIX (15,9):	3.7200
Courbe Coppock:	239.41

MA7:	1.32
MA20:	0.95
MA50:	0.70
MA100:	0.63
MAexp7:	1.32
MAexp20:	1.04
MAexp50:	0.81
MAexp100:	0.69
Price / MA7:	+5.30%
Price / MA20:	+46.32%
Price / MA50:	+98.57%
Price / MA100:	+120.63%
Price / MAexp7:	+5.30%
Price / MAexp20:	+33.65%
Price / MAexp50:	+71.60%
Price / MAexp100:	+101.45%

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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