The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 2.420000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.900000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.680000000 |
2nd High | 2.646900000 |
Next High | 2.420000000 |
Current Price | 2.421400000 |
Next Low | 1.900000000 |
2nd Low | 1.429200000 |
3rd Low | 1.283300000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers