The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 1.3661 is certain.
Caution: A possible counter-trend in the direction of the support level at 1.0884 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3862 |
| 2nd High | 1.3762 |
| Next High | 1.3661 |
| Current Price | 1.281700000 |
| Next Low | 1.0884 |
| 2nd Low | |
| 3rd Low |
1.1866 – 1.3661 – 1.3762 – 1.0884 – 1.09 – 1.2677 —
1.154400000 – 1.233300000 —
51.526480675899 – 72.920781586263 —
– —
1.1866 – 1780934400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Rising Wedge Chart Pattern – –