XRP/USDT – 4H – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support line at 2.200100000 will persist.
Caution: A possible change in the direction of resistance at 2.468300000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.728100000 |
| 2nd High | 2.474300000 |
| Next High | 2.468300000 |
| Current Price | 2.337300000 |
| Next Low | 2.200100000 |
| 2nd Low | 1.995400000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold