The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 2.278900000 will persist.
Caution: A possible change in the direction of the support zone at 2.213800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.728100000 |
2nd High | 2.293800000 |
Next High | 2.278900000 |
Current Price | 2.254400000 |
Next Low | 2.213800000 |
2nd Low | 2.133400000 |
3rd Low | 2.130800000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers