RIPPLE - XRP/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XRPUSD
ISIN:

RIPPLE - XRP/USD - Daily - Technical analysis published on 01/06/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

22%

My opinion

Bullish above 2.21 USD

My targets

2.70 USD (+12.85%)

2.78 USD (+16.32%)

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 2.21 USD. The buyers' bullish objective is set at 2.70 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.78 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.4

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 Mark Thomer. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RIPPLE - XRP/USD rating 2.39 USD. The price registered a decrease of -0.42% on the session and was between 2.37 USD and 2.44 USD. This implies that the price is at +0.84% from its lowest and at -2.05% from its highest.

2.37

2.44

2.39

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

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

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

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. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 10 are bullish, 4 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Price

	S3	S2	S1	Price	R1
ProTrendLines	1.39	1.84	2.21	2.39	2.78
Change (%)	-41.84%	-23.01%	-7.53%	-	+16.32%
Change	-1.00	-0.55	-0.18	-	+0.39
Level	Intermediate	Major	Major	-	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	2.24	2.29	2.34	2.39	2.44	2.49	2.54
Camarilla	2.37	2.38	2.39	2.40	2.41	2.42	2.43
Woodie	2.25	2.29	2.35	2.39	2.45	2.49	2.55
Fibonacci	2.29	2.33	2.35	2.39	2.43	2.45	2.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.58	1.79	2.10	2.31	2.62	2.83	3.14
Camarilla	2.28	2.33	2.37	2.42	2.47	2.52	2.56
Woodie	1.64	1.82	2.16	2.34	2.68	2.86	3.20
Fibonacci	1.79	1.99	2.11	2.31	2.51	2.63	2.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.62	1.23	1.66	2.27	2.70	3.31	3.74
Camarilla	1.79	1.89	1.99	2.08	2.18	2.27	2.37
Woodie	0.52	1.19	1.56	2.23	2.60	3.27	3.64
Fibonacci	1.23	1.63	1.88	2.27	2.67	2.92	3.31

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):	57.76
MACD (12,26,9):	0.0700
Directional Movement:	3.44
AROON (14):	35.71
DEMA (21):	2.39
Parabolic SAR (0,02-0,02-0,2):	2.63
Elder Ray (13):	0.10
Super Trend (3,10):	1.96
Zig ZAG (10):	2.38
VORTEX (21):	1.0100
Stochastique (14,3,5):	78.58
TEMA (21):	2.31
Williams %R (14):	-25.30
Chande Momentum Oscillator (20):	0.08
Repulse (5,40,3):	-0.2800
ROCnROLL:	1
TRIX (15,9):	0.3900
Courbe Coppock:	6.48

MA7:	2.35
MA20:	2.26
MA50:	2.10
MA100:	1.34
MAexp7:	2.35
MAexp20:	2.28
MAexp50:	2.01
MAexp100:	1.59
Price / MA7:	+1.70%
Price / MA20:	+5.75%
Price / MA50:	+13.81%
Price / MA100:	+78.36%
Price / MAexp7:	+1.70%
Price / MAexp20:	+4.82%
Price / MAexp50:	+18.91%
Price / MAexp100:	+50.31%

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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