The currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 3.112000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 2.981400000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.351200000 |
| 2nd High | 3.185800000 |
| Next High | 3.112000000 |
| Current Price | 3.106600000 |
| Next Low | 2.981400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.112000000 – 3.058600000 – 3.049600000 – 2.981400000 – 3.002900000 – 3.005400000 — 60.682774178962 – 62.389504962818
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –