The combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 1.1568 is certain.
Caution: A possible trend reversal in the direction of the support zone at 1.1268 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1769 |
| 2nd High | 1.161 |
| Next High | 1.1568 |
| Current Price | 1.173800000 |
| Next Low | 1.1268 |
| 2nd Low | 1.1261 |
| 3rd Low | 1.1042 |
1.1568 – 1.161 – 1.1409 – 1.1268 – 1.1428 – 1.1299 —
1.135500000 – 1.175700000 —
34.782341254713 – 77.844843523662 —
– —
1.1568 – 1781386200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –