XRP/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 2.351754 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 2.326500000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Two-Candle Shooting Star’ candlestick pattern is detected. The candles form ‘Two-Candle Shooting Star’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.398600000 |
| 2nd High | 2.338500000 |
| Next High | 2.326500000 |
| Current Price | 2.309700000 |
| Next Low | 2.251900000 |
| 2nd Low | 2.235100000 |
| 3rd Low | 2.200100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Two-Candle Shooting Star