XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 1.453 is certain.
Caution: A possible change in the direction of the support level at 1.4248 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Tweezers Bottom’ candlestick pattern is found. The chart shows ‘Tweezers Bottom’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4817 |
| 2nd High | 1.4665 |
| Next High | 1.453 |
| Current Price | 1.439800000 |
| Next Low | 1.4248 |
| 2nd Low | 1.4219 |
| 3rd Low | 1.3834 |
1.453 – 1.4665 – 1.4817 – 1.4248 – 1.4219 – 1.4359 —
1.445600000 – 1.440200000 —
45.602986372807 – 43.678601816509 —
– —
1.453 – 1774072800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Tweezers Bottom – – –