XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 3.141000000 is expected.
Caution: A possible counter-trend in the direction of support at 3.111500000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ candle chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.351200000 |
| 2nd High | 3.156000000 |
| Next High | 3.141000000 |
| Current Price | 3.121600000 |
| Next Low | 3.111500000 |
| 2nd Low | 3.082900000 |
| 3rd Low | 3.002400000 |
3.141000000 – 3.156000000 – 3.140700000 – 3.111500000 – 3.082900000 – 3.002400000 — 48.539418574481 – 50.849239477257
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –