Buy XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance at is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.095300000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.4332 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency 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
2nd High
Next High
Current Price 1.474600000
Next Low 1.095300000
2nd Low 1.077400000
3rd Low 1.065000000

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