The pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.3582 is expected.
Caution: A possible change in the direction of the support level at 1.33 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Three Inside Up’ candle chart pattern is discovered. The chart forms ‘Three Inside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4225 |
| 2nd High | 1.3726 |
| Next High | 1.3582 |
| Current Price | 1.337900000 |
| Next Low | 1.33 |
| 2nd Low | 1.3191 |
| 3rd Low | 1.3184 |
1.3582 – 1.3726 – 1.3704 – 1.33 – 1.3191 – 1.3184 —
1.336800000 – 1.336300000 —
41.498347555499 – 36.016914564099 —
– —
1.3582 – 1774710000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Inside Up – – –