The pair Ripple/Tether (XRP/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 3.058600000 will continue.
Caution: A possible trend reversal in the direction of the support level at 3.005400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is found. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.066900000 |
| Next High | 3.058600000 |
| Current Price | 3.021400000 |
| Next Low | 3.005400000 |
| 2nd Low | 3.000400000 |
| 3rd Low | 2.964200000 |
3.058600000 – 3.049600000 – 3.043000000 – 3.005400000 – 3.000400000 – 2.964200000 — 40.758183569043 – 49.899803144325
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – –