XRP/USDT – 1H – BUYFurthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 1.4427 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.4427 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Inverted Hammer’ chart pattern is detected. The chart shows ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4732 |
| 2nd High | 1.4525 |
| Next High | 1.4427 |
| Current Price | 1.429600000 |
| Next Low | 1.365 |
| 2nd Low | 1.3218 |
| 3rd Low | 1.27 |
1.3936 – 1.4112 – 1.4427 – 1.365 – 1.3706 – 1.3218 —
1.424300000 – 1.421000000 —
64.998244731941 – 61.585681636642 —
– —
1.3936 – 1773313200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Inverted Hammer – – –