The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 1.4503 will persist.
Caution: A possible trend reversal in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4503 |
| Current Price | 1.436000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.4503 – 1.4457 – 1.441 – 1.4239 – 1.4258 – 1.409 —
1.443000000 – 1.433700000 —
51.264601434843 – 46.706464646781 —
– —
1.4503 – 1777046400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –