The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 1.0732 is certain.
Caution: A possible counter-trend in the direction of support at should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.103 |
| 2nd High | 1.0832 |
| Next High | 1.0732 |
| Current Price | 1.071800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.0732 – 1.0832 – 1.103 – 1.0535 – 1.0674 – 1.0868 —
1.071400000 – 1.070500000 —
53.761526530996 – 50.596429488722 —
– —
1.0732 – 1784005200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –