The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.946 will persist.
Caution: A possible counter-trend in the direction of the support zone at 1.8741 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Three Line Strike – Bullish’ chart pattern is detected. The candles form ‘Three Line Strike – Bullish’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.0299 |
| 2nd High | 1.9907 |
| Next High | 1.946 |
| Current Price | 1.912200000 |
| Next Low | 1.8741 |
| 2nd Low | 1.8712 |
| 3rd Low | 1.87 |
1.946 – 1.9907 – 2.0299 – 1.8741 – 1.8879 – 1.9016 —
1.929200000 – 1.904000000 —
58.577323265377 – 48.928836277772 —
– —
1.94600 – 1769439600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Line Strike – Bullish – – –