The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 3.214600000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.347500000 |
| 2nd High | 3.279500000 |
| Next High | 3.214600000 |
| Current Price | 3.216700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.214600000 – 3.279500000 – 3.347500000 – 3.156800000 – 3.152100000 – 3.208300000 — 49.712320531226 – 57.472845094258
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –