The currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.3569 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 1.2802 could happen.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3726 |
| 2nd High | 1.3683 |
| Next High | 1.3569 |
| Current Price | 1.317400000 |
| Next Low | 1.2802 |
| 2nd Low | 1.27 |
| 3rd Low | 1.1172 |
1.3569 – 1.3683 – 1.3675 – 1.2802 – 1.305 – 1.3448 —
1.318700000 – 1.317100000 —
58.152057314259 – 45.65057627915 —
– —
1.3569 – 1775089800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –