The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 1.5442 is likely expected.
Caution: A possible counter-trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6339 |
| 2nd High | 1.6122 |
| Next High | 1.5442 |
| Current Price | 1.439100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.5442 – 1.6122 – 1.6339 – 1.4099 – 1.4097 – 1.1172 —
1.458600000 – 1.446300000 —
52.945519392744 – 44.552913108585 —
– —
1.5442 – 1770390000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Inverse Head and Shoulder chart pattern – –