The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 1.4503 is considered certain.
Caution: A possible counter-trend in the direction of the support line at could happen.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4503 |
| Current Price | 1.439300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.4503 – 1.4457 – 1.4626 – 1.418 – 1.4239 – 1.409 —
1.429200000 – 1.435700000 —
54.219887785425 – 50.051747276291 —
– —
1.4503 – 1777046400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three Outside Up – – –