XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 3.660700000 will persist.
Caution: A possible reversal of the trend in the direction of support at 3.403800000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 3.5579 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 3.660700000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3.660700000 |
| Current Price | 3.577500000 |
| Next Low | 3.403800000 |
| 2nd Low | 3.380000000 |
| 3rd Low | 3.354700000 |
3.557900000 – 3.535200000 – 3.451300000 – 3.403800000 – 3.380000000 – 3.354700000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – – Double bottom chart pattern