The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 2.257200000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 2.377000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.474300000 |
2nd High | 2.468300000 |
Next High | 2.377000000 |
Current Price | 2.339400000 |
Next Low | 2.257200000 |
2nd Low | 1.995400000 |
3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers