The currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 1.4664 will continue.
Caution: A possible change in the direction of the support line at 1.4225 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4817 |
| 2nd High | 1.4665 |
| Next High | 1.4664 |
| Current Price | 1.446700000 |
| Next Low | 1.4225 |
| 2nd Low | 1.3928 |
| 3rd Low | 1.3503 |
1.4664 – 1.4156 – 1.4086 – 1.4225 – 1.3928 – 1.3503 —
1.434200000 – 1.440000000 —
46.97584712074 – 54.277403238498 —
– —
1.4664 – 1776367800
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –