XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance line at 1.3653 will persist.
Caution: A possible change in the direction of the support level at 1.333 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Hammer’ chart pattern is discovered. The chart shows ‘Hammer’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3733 |
| 2nd High | 1.3712 |
| Next High | 1.3653 |
| Current Price | 1.364200000 |
| Next Low | 1.333 |
| 2nd Low | 1.3218 |
| 3rd Low | 1.27 |
1.3653 – 1.362 – 1.3712 – 1.333 – 1.3218 – 1.3381 —
1.373000000 – 1.370300000 —
63.271680970627 – 57.444858404121 —
– —
1.3653 – 1773025200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Hammer – – –