The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 1.4503 will continue.
Caution: A possible change in the direction of the support level at 1.4311 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Bullish Engulfing’ candlestick pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4503 |
| Current Price | 1.430900000 |
| Next Low | 1.4311 |
| 2nd Low | 1.4297 |
| 3rd Low | 1.4239 |
1.4503 – 1.4457 – 1.441 – 1.4311 – 1.4297 – 1.4239 —
1.435200000 – 1.431700000 —
51.089380384351 – 40.25836335946 —
– —
1.4503 – 1777046400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing – – –