XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 2.928500000 is expected.
Caution: A possible trend reversal in the direction of the support level at 2.792700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.928500000 |
| Current Price | 2.901200000 |
| Next Low | 2.792700000 |
| 2nd Low | 2.778000000 |
| 3rd Low | 2.762000000 |
2.928500000 – 2.828900000 – 2.865300000 – 2.792700000 – 2.812300000 – 2.800000000 — 50.085552875834 – 60.427472536564
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –