The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 2.266500000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2.213800000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.293800000 |
2nd High | 2.278900000 |
Next High | 2.266500000 |
Current Price | 2.245100000 |
Next Low | 2.213800000 |
2nd Low | 2.133400000 |
3rd Low | 2.130800000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers