The combination Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.539300000 is likely expected.
Caution: A possible change in the direction of the support line at 1.355000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.5273694 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 1.539300000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The 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’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.630000000 |
2nd High | 1.595400000 |
Next High | 1.539300000 |
Current Price | 1.471700000 |
Next Low | 1.355000000 |
2nd Low | 1.277500000 |
3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers