The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 1.435 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.4113 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4573 |
| Next High | 1.435 |
| Current Price | 1.428300000 |
| Next Low | 1.4113 |
| 2nd Low | 1.3795 |
| 3rd Low | 1.3458 |
1.435 – 1.4573 – 1.4209 – 1.4113 – 1.3795 – 1.4035 —
1.422500000 – 1.421700000 —
46.76268191679 – 53.427379363176 —
– —
1.435 – 1778288400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –