The combination Ripple/Tether (XRP/USDT) jumps from the descending trendline up.
An ascending movement up to the next resistance at 1.4525 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.3452 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4935 |
| 2nd High | 1.4732 |
| Next High | 1.4525 |
| Current Price | 1.363400000 |
| Next Low | 1.3452 |
| 2nd Low | 1.3366 |
| 3rd Low | 1.3341 |
1.4525 – 1.4732 – 1.4257 – 1.3916 – 1.396 – 1.4085 —
1.366400000 – 1.362900000 —
29.609735706667 – 35.063821348448 —
– —
1.4525 – 1772706600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –