The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 2.237900000 will persist.
Caution: A possible change in the direction of support at 2.114900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.332500000 |
2nd High | 2.317300000 |
Next High | 2.237900000 |
Current Price | 2.194300000 |
Next Low | 2.114900000 |
2nd Low | 1.900000000 |
3rd Low | 1.429200000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers