XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 1.269800000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 1.002600000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.269800000 |
| Current Price | 1.052300000 |
| Next Low | 1.002600000 |
| 2nd Low | 0.773100000 |
| 3rd Low | 0.755300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing