RIPPLE - XRP/USD - 1H - Technical analysis published on 01/27/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 3.06 USD
My targets
2.86 USD (-1.72%)
2.78 USD (-4.47%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RIPPLE - XRP/USD as long as the price remains well below 3.06 USD. The sellers' bearish objective is set at 2.86 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.78 USD. In case of crossing, the next objective would be the support located at 2.06 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
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 PassiveGlobal. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD rating is 2.91 USD. The price registered a decrease of -3.64% on the session with the lowest point at 2.90 USD and the highest point at 3.04 USD. The deviation from the price is +0.34% for the low point and -4.28% for the high point.2.90
3.04
2.91
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:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of RIPPLE - XRP/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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, 13 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
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:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.06 | 2.78 | 2.86 | 2.91 | 3.06 | 3.14 | 3.20 |
| Change (%) | -29.21% | -4.47% | -1.72% | - | +5.15% | +7.90% | +9.97% |
| Change | -0.85 | -0.13 | -0.05 | - | +0.15 | +0.23 | +0.29 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.84 | 2.93 | 2.97 | 3.06 | 3.10 | 3.19 | 3.23 |
| Camarilla | 2.98 | 3.00 | 3.01 | 3.02 | 3.03 | 3.04 | 3.06 |
| Woodie | 2.83 | 2.92 | 2.96 | 3.05 | 3.09 | 3.18 | 3.22 |
| Fibonacci | 2.93 | 2.98 | 3.01 | 3.06 | 3.11 | 3.14 | 3.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.36 | 2.61 | 2.86 | 3.11 | 3.36 | 3.61 | 3.86 |
| Camarilla | 2.97 | 3.02 | 3.06 | 3.11 | 3.16 | 3.20 | 3.25 |
| Woodie | 2.36 | 2.61 | 2.86 | 3.11 | 3.36 | 3.61 | 3.86 |
| Fibonacci | 2.61 | 2.80 | 2.92 | 3.11 | 3.30 | 3.42 | 3.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.91 | 1.41 | 1.74 | 2.24 | 2.57 | 3.07 | 3.40 |
| Camarilla | 1.85 | 1.93 | 2.00 | 2.08 | 2.16 | 2.23 | 2.31 |
| Woodie | 0.84 | 1.37 | 1.67 | 2.20 | 2.50 | 3.03 | 3.33 |
| Fibonacci | 1.41 | 1.72 | 1.92 | 2.24 | 2.55 | 2.75 | 3.07 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 22.39 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -27.74 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 3.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.05 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 3.05 | |
| Zig ZAG (10): | 2.94 | |
| VORTEX (21): | 0.6600 | |
| Stochastique (14,3,5): | 15.09 | |
| TEMA (21): | 2.97 | |
| Williams %R (14): | -90.22 | |
| Chande Momentum Oscillator (20): | -0.17 | |
| Repulse (5,40,3): | -1.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 8.53 |
| MA7: | 3.09 | |
| MA20: | 2.90 | |
| MA50: | 2.54 | |
| MA100: | 1.83 | |
| MAexp7: | 2.99 | |
| MAexp20: | 3.05 | |
| MAexp50: | 3.09 | |
| MAexp100: | 3.11 | |
| Price / MA7: | -5.83% | |
| Price / MA20: | +0.34% | |
| Price / MA50: | +14.57% | |
| Price / MA100: | +59.02% | |
| Price / MAexp7: | -2.68% | |
| Price / MAexp20: | -4.59% | |
| Price / MAexp50: | -5.83% | |
| Price / MAexp100: | -6.43% |
Quotes :
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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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