XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 1.51 is expected.
Caution: A possible trend reversal in the direction of the support level at 1.4116 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6714 |
| 2nd High | 1.5414 |
| Next High | 1.51 |
| Current Price | 1.453900000 |
| Next Low | 1.4116 |
| 2nd Low | 1.4089 |
| 3rd Low | 1.3954 |
1.45 – 1.4369 – 1.4326 – 1.4116 – 1.4195 – 1.4089 —
1.447200000 – 1.455700000 —
60.892817332825 – 59.840816749512 —
– —
1.45 – 1776760200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bearish SBS White Lines – – –