The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 1.495000000 is likely expected.
Caution: A possible change in the direction of the support level at 1.4268 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.6714 |
| Next High | 1.495000000 |
| Current Price | 1.491500000 |
| Next Low | 1.4268 |
| 2nd Low | 1.4078 |
| 3rd Low | 1.398 |
1.495000000 – 1.6714 – 1.4769 – 1.4268 – 1.4616 – 1.4485 —
1.495000000 – 1.488300000 —
58.104157122794 – 57.611528195825 —
1.495000000 – 1771345800 —
– 1771345800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –