XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support at 2.200100000 is certain.
Caution: A possible change in the direction of resistance at 2.468300000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Outside Up’ candle pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 2.468300000 |
| Current Price | 2.389300000 |
| Next Low | 2.200100000 |
| 2nd Low | 2.090100000 |
| 3rd Low | 2.016000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up