The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 2.458400000 will continue.
Caution: A possible change in the direction of the support zone at 2.367400000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. this 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.728100000 |
2nd High | 2.474300000 |
Next High | 2.458400000 |
Current Price | 2.404800000 |
Next Low | 2.367400000 |
2nd Low | 2.327300000 |
3rd Low | 2.090100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up