The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 1.4369 is certain.
Caution: A possible reversal of the trend in the direction of support at 1.4089 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.447 |
| Next High | 1.4369 |
| Current Price | 1.425000000 |
| Next Low | 1.4089 |
| 2nd Low | 1.3954 |
| 3rd Low | 1.3909 |
1.4369 – 1.4326 – 1.447 – 1.4089 – 1.3954 – 1.3909 —
1.424900000 – 1.423500000 —
49.05734066375 – 46.717889137816 —
– —
1.4369 – 1776708000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –