XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support at 2.133400000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.197600000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.237900000 |
| 2nd High | 2.207600000 |
| Next High | 2.197600000 |
| Current Price | 2.143900000 |
| Next Low | 2.133400000 |
| 2nd Low | 2.114900000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing