The combination Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 1.3749 is expected.
Caution: A possible counter-trend in the direction of support at 1.3218 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘StochRSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 1.4732 |
| 2nd High | 1.4525 |
| Next High | 1.3749 |
| Current Price | 1.387700000 |
| Next Low | 1.3218 |
| 2nd Low | 1.27 |
| 3rd Low | 1.1172 |
1.3653 – 1.3712 – 1.3749 – 1.3218 – 1.346 – 1.396 —
1.370300000 – 1.374000000 —
55.75208510166 – 57.55655427732 —
– —
1.3653 – 1773025200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –