XRP/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.2754364 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2.465600000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.680000000 |
| 2nd High | 2.646900000 |
| Next High | 2.465600000 |
| Current Price | 2.238400000 |
| Next Low | 2.174300000 |
| 2nd Low | 1.673900000 |
| 3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing