Buy XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline upwards

A bullish movement up to the next resistance at 2.974400000 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 2.822300000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 3.128000000
2nd High 3.053500000
Next High 2.974400000
Current Price 2.891700000
Next Low 2.822300000
2nd Low 2.782600000
3rd Low 2.763700000

2.974400000 – 3.053500000 – 3.128000000 – 2.822300000 – 2.919300000 – 2.973600000 — 45.365627328172 – 47.971399567994

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