The pair Ripple/Tether (XRP/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at is likely expected.
Caution: A possible change in the direction of support at 1.673900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Engulfing’ candle pattern is discovered. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 2.629400000 |
Next Low | 1.673900000 |
2nd Low | 1.429200000 |
3rd Low | 1.352400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing