The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.6714 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9907 |
| 2nd High | 1.9378 |
| Next High | 1.6714 |
| Current Price | 1.441900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6714 – 1.9378 – 1.9907 – 1.3775 – 1.3421 – 1.3728 —
1.342800000 – 1.385300000 —
25.846423875907 – 47.79592370008 —
– —
1.6714 – 1771142400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Double top retreat up – –