XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 2.350700000 is considered certain.
Caution: A possible change in the direction of the support level at 2.278400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Inverted Hammer’ chart pattern is existing. The chart shows ‘Inverted Hammer’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.909200000 |
| 2nd High | 2.728100000 |
| Next High | 2.350700000 |
| Current Price | 2.302600000 |
| Next Low | 2.278400000 |
| 2nd Low | 2.223200000 |
| 3rd Low | 2.213800000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Inverted Hammer