XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 2.114900000 is considered certain.
Caution: A possible change in the direction of the resistance level at 2.207600000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Engulfing’ chart pattern is found. The candles form ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.317300000 |
| 2nd High | 2.237900000 |
| Next High | 2.207600000 |
| Current Price | 2.164800000 |
| Next Low | 2.114900000 |
| 2nd Low | 1.900000000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing