XRP/USDT – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.556800000 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.543600000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this 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 | 0.562000000 |
| 2nd High | 0.560800000 |
| Next High | 0.556800000 |
| Current Price | 0.584600000 |
| Next Low | 0.543600000 |
| 2nd Low | 0.527200000 |
| 3rd Low | 0.526400000 |