XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline downwards

A descent down to the next support level at 2.327300000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.474300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bullish Belt Hold’ candle pattern is existing. The chart shows ‘Bullish Belt Hold’. 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 Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Download XRP/USDT Signal Image

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold