The currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance at is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.095300000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.4332 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.474600000 |
Next Low | 1.095300000 |
2nd Low | 1.077400000 |
3rd Low | 1.065000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers