Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.45375 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.513000000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.630000000 |
2nd High | 1.595400000 |
Next High | 1.513000000 |
Current Price | 1.396200000 |
Next Low | 1.277500000 |
2nd Low | 1.095300000 |
3rd Low | 1.077400000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers