The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 1.4817 is expected.
Caution: A possible change in the direction of the support line at 1.4359 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6714 |
| 2nd High | 1.5414 |
| Next High | 1.4817 |
| Current Price | 1.454600000 |
| Next Low | 1.4359 |
| 2nd Low | 1.3834 |
| 3rd Low | 1.365 |
1.4817 – 1.5414 – 1.4528 – 1.4359 – 1.3834 – 1.39 —
1.457300000 – 1.452900000 —
35.220789624746 – 44.784252279267 —
– —
1.4817 – 1773900000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –