The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 1.3425 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 1.1172 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.354 |
| 2nd High | 1.3484 |
| Next High | 1.3425 |
| Current Price | 1.267100000 |
| Next Low | 1.1172 |
| 2nd Low | |
| 3rd Low |
1.3425 – 1.3484 – 1.3468 – 1.2794 – 1.321 – 1.333 —
1.271300000 – 1.262600000 —
32.366221052947 – 27.596344953355 —
– —
1.3425 – 1780268400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –