XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 1.1535 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.1342 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ” indicator layout is existing. The indicator shows ”. which could be a positive signal. The currency pair could go up.
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Furthermore a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Bullish Belt Hold’ candle pattern is discovered. The candles show ‘Bullish Belt Hold’. which 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.2251 |
| 2nd High | 1.156 |
| Next High | 1.1535 |
| Current Price | 1.139100000 |
| Next Low | 1.1342 |
| 2nd Low | 1.1187 |
| 3rd Low | 1.1042 |
1.1535 – 1.156 – 1.1551 – 1.1342 – 1.1187 – 1.1329 —
1.151600000 – 1.137300000 —
55.086096536866 – 34.19233736274 —
– —
1.1535 – 1782036000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –