The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 2.484000000 will persist.
Caution: A possible trend reversal in the direction of support at 1.900000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.680000000 |
2nd High | 2.646900000 |
Next High | 2.484000000 |
Current Price | 2.395100000 |
Next Low | 1.900000000 |
2nd Low | 1.429200000 |
3rd Low | 1.283300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers