The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 1.3712 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 1.3218 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Three Outside Up’ candle pattern is discovered. The candles show ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4525 |
| 2nd High | 1.3749 |
| Next High | 1.3712 |
| Current Price | 1.355100000 |
| Next Low | 1.3218 |
| 2nd Low | 1.27 |
| 3rd Low | 1.1172 |
1.3712 – 1.3749 – 1.4525 – 1.3218 – 1.346 – 1.396 —
1.360500000 – 1.345500000 —
47.665076599852 – 43.96741852092 —
– —
1.3712 – 1772964000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –