The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 1.4112 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.366 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.40435 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.4112 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4525 |
| 2nd High | 1.4427 |
| Next High | 1.4112 |
| Current Price | 1.390100000 |
| Next Low | 1.366 |
| 2nd Low | 1.333 |
| 3rd Low | 1.3218 |
1.4112 – 1.4427 – 1.4195 – 1.366 – 1.3706 – 1.3785 —
1.371900000 – 1.388800000 —
37.780715993961 – 54.566456934071 —
– —
1.4112 – 1773235800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –