The currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.4466 will persist.
Caution: A possible change in the direction of the support line at 1.3901 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. 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 | 1.4626 |
| 2nd High | 1.4503 |
| Next High | 1.4466 |
| Current Price | 1.451200000 |
| Next Low | 1.3901 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4209 – 1.4003 – 1.3999 – 1.3901 – 1.3829 – 1.3814 —
1.419600000 – 1.443300000 —
62.653479985271 – 77.569448764958 —
– —
1.4209 – 1777867200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –