XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 2.442300000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 2.327300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.442300000 |
| Current Price | 2.428800000 |
| Next Low | 2.327300000 |
| 2nd Low | 1.995400000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up