Buy XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) goes from the ascending trendline downwards

A descending movement down to the next support at 1.995400000 will persist.

Caution: A possible change in the direction of resistance at 2.728100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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
2nd High 2.909200000
Next High 2.728100000
Current Price 2.468000000
Next Low 1.995400000
2nd Low 1.900000000
3rd Low 1.429200000

Download XRP/USDT Signal Image

Trading Signals:

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