XRP/USDT – 4H – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A descending movement down to the next support line at 2.200100000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 2.468300000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.468300000 |
| Current Price | 2.337300000 |
| Next Low | 2.200100000 |
| 2nd Low | 1.995400000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold