The pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance at 1.269800000 will continue.
Caution: A possible trend reversal in the direction of support at 1.077400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.1577 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.269800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. 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 | |
Next High | 1.269800000 |
Current Price | 1.207700000 |
Next Low | 1.077400000 |
2nd Low | 1.065000000 |
3rd Low | 1.055600000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers