The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 2.338500000 is certain.
Caution: A possible trend reversal in the direction of the support line at 2.251900000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.468300000 |
2nd High | 2.398600000 |
Next High | 2.338500000 |
Current Price | 2.289700000 |
Next Low | 2.251900000 |
2nd Low | 2.235100000 |
3rd Low | 2.200100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up