The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 1.186500000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.068800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 1.269800000 |
Next High | 1.186500000 |
Current Price | 1.084400000 |
Next Low | 1.068800000 |
2nd Low | 1.031500000 |
3rd Low | 1.002600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers