XRP/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.9092 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 2.909200000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Inverted Hammer’ chart pattern is existing. The candles show ‘Inverted Hammer’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ heading up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2.909200000 |
| Current Price | 2.544500000 |
| Next Low | 1.429200000 |
| 2nd Low | 1.283300000 |
| 3rd Low | 1.277500000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Inverted Hammer