XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 3.128000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 2.997100000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.156000000 |
| 2nd High | 3.147200000 |
| Next High | 3.128000000 |
| Current Price | 3.044200000 |
| Next Low | 2.997100000 |
| 2nd Low | 2.969700000 |
| 3rd Low | 2.782600000 |
3.128000000 – 3.088600000 – 3.075600000 – 2.997100000 – 3.007200000 – 2.969700000 — 46.11378586952 – 53.85772737801
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – Triple top chart pattern – –