The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 1.428200000 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.283300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 1.595400000 |
2nd High | 1.539300000 |
Next High | 1.428200000 |
Current Price | 1.495500000 |
Next Low | 1.283300000 |
2nd Low | 1.277500000 |
3rd Low | 1.095300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers