The pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 1.4003 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.3814 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.4067 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.4003 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4466 |
| 2nd High | 1.4067 |
| Next High | 1.4003 |
| Current Price | 1.410400000 |
| Next Low | 1.3814 |
| 2nd Low | 1.3809 |
| 3rd Low | 1.3458 |
1.4003 – 1.3999 – 1.3847 – 1.3814 – 1.3809 – 1.3458 —
1.396500000 – 1.391300000 —
59.234010573446 – 44.86194687177 —
– —
1.4003 – 1777755600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –