Buy XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline downwards

The bearish trend downwards to the next support at 2.257200000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 2.377000000 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The 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’ going up is 82%.

Support & Resistance Price Range*
3rd High 2.474300000
2nd High 2.468300000
Next High 2.377000000
Current Price 2.339400000
Next Low 2.257200000
2nd Low 1.995400000
3rd Low 1.900000000

Download XRP/USDT Signal Image

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