The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 1.3712 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 1.3381 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Current target is 1.3459752 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.3712 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3749 |
| 2nd High | 1.3733 |
| Next High | 1.3712 |
| Current Price | 1.347600000 |
| Next Low | 1.3381 |
| 2nd Low | 1.3366 |
| 3rd Low | 1.3341 |
1.3712 – 1.3603 – 1.3733 – 1.3381 – 1.3415 – 1.3468 —
1.348500000 – 1.347900000 —
43.203957693429 – 38.029404876598 —
– —
1.3712 – 1772964000