XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 2.207600000 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.900000000 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.317300000 |
| 2nd High | 2.237900000 |
| Next High | 2.207600000 |
| Current Price | 2.104100000 |
| 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