XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 1.5442 is considered certain.
Caution: A possible change in the direction of support at 1.4097 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6339 |
| 2nd High | 1.6122 |
| Next High | 1.5442 |
| Current Price | 1.456100000 |
| Next Low | 1.4097 |
| 2nd Low | 1.1172 |
| 3rd Low |
1.5442 – 1.6122 – 1.6339 – 1.4097 – 1.1172 – 1.5274 —
1.433300000 – 1.446000000 —
46.377357853417 – 50.775783638624 —
– —
1.5442 – 1770390000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –