The currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.5442 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.4078 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6339 |
| 2nd High | 1.6122 |
| Next High | 1.5442 |
| Current Price | 1.509400000 |
| Next Low | 1.4078 |
| 2nd Low | 1.398 |
| 3rd Low | 1.3485 |
1.4769 – 1.4285 – 1.3719 – 1.4078 – 1.398 – 1.3485 —
1.495700000 – 1.504900000 —
73.272139059143 – 71.60054201712 —
– —
1.4769 – 1771070400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –