Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.2698 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.269800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Engulfing’ chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 1.269800000 |
Current Price | 1.108900000 |
Next Low | 0.491700000 |
2nd Low | 0.486000000 |
3rd Low |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing