The combination Ripple/Tether (XRP/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 1.4661 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.3184 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6714 |
| 2nd High | 1.5414 |
| Next High | 1.4661 |
| Current Price | 1.348600000 |
| Next Low | 1.3184 |
| 2nd Low | 1.27 |
| 3rd Low | 1.1172 |
1.4661 – 1.5414 – 1.4528 – 1.3184 – 1.3618 – 1.4219 —
1.358200000 – 1.329700000 —
43.94606902039 – 34.543925326943 —
– —
1.4661 – 1774267200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –