XRP/USDT – 30M – BUYCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.1323532 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.153 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1825 |
| 2nd High | 1.1548 |
| Next High | 1.153 |
| Current Price | 1.149500000 |
| Next Low | 1.1275 |
| 2nd Low | 1.1187 |
| 3rd Low | 1.1042 |
1.144 – 1.153 – 1.1548 – 1.1275 – 1.1187 – 1.1329 —
1.141100000 – 1.151200000 —
55.520721186511 – 68.241697539109 —
– —
1.144 – 1781875800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – – –