Buy XRP/USDT – 30M – BUY

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

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