The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 1.4215 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.3802 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Also there is a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles form ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4573 |
| Next High | 1.4215 |
| Current Price | 1.384900000 |
| Next Low | 1.3802 |
| 2nd Low | 1.3716 |
| 3rd Low | 1.3644 |
1.4215 – 1.4573 – 1.4222 – 1.3802 – 1.3831 – 1.4035 —
1.386100000 – 1.386100000 —
38.012778574215 – 36.85750680036 —
– —
1.4215 – 1778139000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish SBS White Lines – – –