XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support level at 2.133400000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 2.197600000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles form ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.237900000 |
| 2nd High | 2.207600000 |
| Next High | 2.197600000 |
| Current Price | 2.136200000 |
| Next Low | 2.133400000 |
| 2nd Low | 2.114900000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing