XRP/USDT – 4H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 1.5414 is certain.
Caution: A possible trend reversal in the direction of the support level at 1.365 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.4316 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.5414 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.9378 |
| 2nd High | 1.6714 |
| Next High | 1.5414 |
| Current Price | 1.431400000 |
| Next Low | 1.365 |
| 2nd Low | 1.3218 |
| 3rd Low | 1.27 |
1.5414 – 1.4528 – 1.4427 – 1.4219 – 1.365 – 1.3218 —
1.426300000 – 1.398100000 —
39.827564563359 – 28.661610827137 —
– —
1.5414 – 1773806400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – – Rising Wedge Chart Pattern – –