The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 2.206500000 is considered certain.
Caution: A possible change in the direction of support at 2.135700000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2.2065 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 2.206500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 2.309500000 |
2nd High | 2.214500000 |
Next High | 2.206500000 |
Current Price | 2.202000000 |
Next Low | 2.135700000 |
2nd Low | 2.123100000 |
3rd Low | 2.079400000 |
2.179400000 – 2.187900000 – 2.206500000 – 2.135700000 – 2.150900000 – 2.123100000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji