The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 1.9358 is expected.
Caution: A possible change in the direction of the support zone at 1.9017 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.93035 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.9358 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9907 |
| 2nd High | 1.9647 |
| Next High | 1.9358 |
| Current Price | 1.921500000 |
| Next Low | 1.9017 |
| 2nd Low | 1.9016 |
| 3rd Low | 1.8712 |
1.9358 – 1.9647 – 1.9907 – 1.9017 – 1.9016 – 1.8712 —
1.912700000 – 1.909000000 —
46.436076737309 – 34.580626377156 —
– —
1.93580 – 1769110200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Double top retreat up – –