The combination Ripple/Tether (XRP/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 1.6714 is expected.
Caution: A possible counter-trend in the direction of the support zone at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.89 |
| 2nd High | 1.7847 |
| Next High | 1.6714 |
| Current Price | 1.488300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.6714 – 1.4769 – 1.4285 – 1.4485 – 1.4078 – 1.398 —
1.508200000 – 1.494700000 —
61.54126047184 – 51.294436954439 —
– —
1.6714 – 1771142400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – Double top retreat up – –