The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 1.6339 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.5274 could happen.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.89 |
| 2nd High | 1.7847 |
| Next High | 1.6339 |
| Current Price | 1.601200000 |
| Next Low | 1.5274 |
| 2nd Low | 1.2543 |
| 3rd Low |
1.6339 – 1.6216 – 1.6257 – 1.5274 – 1.7113 – 1.7107 —
1.595100000 – 1.594000000 —
47.038629149109 – 47.193500930256 —
– —
1.6339 – 1770150600