RIPPLE - XRP/USD - 1H - Technical analysis published on 02/03/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Bullish above 2.66 USD
My targets
2.78 USD (+3.35%)
2.88 USD (+7.06%)
My analysis
The strong short-term increase in RIPPLE - XRP/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 2.66 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 2.78 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.88 USD as an objective. Crossing it would then enable buyers to target 2.97 USD. Caution, a return under 2.66 USD could jeopardize the reversal.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.7
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 evilest_penguin. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD rating is 2.69 USD. The price registered an increase of +4.26% on the session and was between 1.82 USD and 2.70 USD. This implies that the price is at +47.80% from its lowest and at -0.37% from its highest.1.82
2.70
2.69
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
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 RIPPLE - XRP/USD in 1H shows an overall slightly bearish trend. Only 57.14% 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, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.84 | 2.06 | 2.66 | 2.69 | 2.78 | 2.88 | 2.97 |
| Change (%) | -31.60% | -23.42% | -1.12% | - | +3.35% | +7.06% | +10.41% |
| Change | -0.85 | -0.63 | -0.03 | - | +0.09 | +0.19 | +0.28 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Intermediate |
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 | 1.90 | 2.19 | 2.38 | 2.67 | 2.86 | 3.15 | 3.34 |
| Camarilla | 2.45 | 2.49 | 2.54 | 2.58 | 2.62 | 2.67 | 2.71 |
| Woodie | 1.86 | 2.17 | 2.34 | 2.65 | 2.82 | 3.13 | 3.30 |
| Fibonacci | 2.19 | 2.37 | 2.48 | 2.67 | 2.85 | 2.96 | 3.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.07 | 2.37 | 2.62 | 2.92 | 3.17 | 3.47 | 3.72 |
| Camarilla | 2.73 | 2.78 | 2.83 | 2.88 | 2.93 | 2.98 | 3.03 |
| Woodie | 2.06 | 2.36 | 2.61 | 2.91 | 3.16 | 3.46 | 3.71 |
| Fibonacci | 2.37 | 2.58 | 2.71 | 2.92 | 3.13 | 3.26 | 3.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.96 | 1.52 | 2.28 | 2.84 | 3.60 | 4.16 | 4.92 |
| Camarilla | 2.68 | 2.80 | 2.92 | 3.04 | 3.16 | 3.28 | 3.40 |
| Woodie | 1.06 | 1.57 | 2.38 | 2.89 | 3.70 | 4.21 | 5.02 |
| Fibonacci | 1.52 | 2.02 | 2.34 | 2.84 | 3.34 | 3.66 | 4.16 |
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): | 58.94 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -0.15 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 2.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.04 | |
| Elder Ray (13): | 0.17 | |
| Super Trend (3,10): | 2.28 | |
| Zig ZAG (10): | 2.65 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 92.63 | |
| TEMA (21): | 2.53 | |
| Williams %R (14): | -7.45 | |
| Chande Momentum Oscillator (20): | 0.33 | |
| Repulse (5,40,3): | 5.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.4200 | |
| Courbe Coppock: | 21.32 |
| MA7: | 2.92 | |
| MA20: | 3.06 | |
| MA50: | 2.62 | |
| MA100: | 2.00 | |
| MAexp7: | 2.56 | |
| MAexp20: | 2.49 | |
| MAexp50: | 2.61 | |
| MAexp100: | 2.77 | |
| Price / MA7: | -7.88% | |
| Price / MA20: | -12.09% | |
| Price / MA50: | +2.67% | |
| Price / MA100: | +34.50% | |
| Price / MAexp7: | +5.08% | |
| Price / MAexp20: | +8.03% | |
| Price / MAexp50: | +3.07% | |
| Price / MAexp100: | -2.89% |
Quotes :
-
Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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