The currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support line at 2.367400000 is certain.
Caution: A possible change in the direction of the resistance level at 2.458400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish chart scenario. 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.728100000 |
2nd High | 2.474300000 |
Next High | 2.458400000 |
Current Price | 2.430900000 |
Next Low | 2.367400000 |
2nd Low | 2.327300000 |
3rd Low | 2.090100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up