The currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.51 is expected.
Caution: A possible trend reversal in the direction of the support line at 1.4235 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next 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 chart scenario. The pair is likely to go up.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6714 |
| 2nd High | 1.5414 |
| Next High | 1.51 |
| Current Price | 1.431000000 |
| Next Low | 1.4235 |
| 2nd Low | 1.4225 |
| 3rd Low | 1.3928 |
1.51 – 1.4664 – 1.4156 – 1.4235 – 1.4246 – 1.4225 —
1.436100000 – 1.432200000 —
45.01477656117 – 33.965472903604 —
– —
1.51 – 1776436200