The combination Ripple/Tether (XRP/USDT) moves from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 1.4525 is certain.
Caution: A possible change in the direction of the support zone at 1.3452 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4935 |
| 2nd High | 1.4732 |
| Next High | 1.4525 |
| Current Price | 1.368900000 |
| Next Low | 1.3452 |
| 2nd Low | 1.3366 |
| 3rd Low | 1.3341 |
1.4525 – 1.4732 – 1.3877 – 1.396 – 1.4085 – 1.3452 —
1.397200000 – 1.364500000 —
31.622882168846 – 33.680030750143 —
– —
1.4525 – 1772704800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –