XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support at 2.257200000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 2.468300000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Above the Stomach’ chart pattern is detected. The candles show ‘Above the Stomach’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Above the Stomach’ going up is 66% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.468300000 |
| Current Price | 2.346300000 |
| Next Low | 2.257200000 |
| 2nd Low | 2.090100000 |
| 3rd Low | 2.016000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Above the Stomach