The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 1.4366 is likely expected.
Caution: A possible change in the direction of support at 1.418 could occur.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4503 |
| 2nd High | 1.4371 |
| Next High | 1.4366 |
| Current Price | 1.439300000 |
| Next Low | 1.418 |
| 2nd Low | 1.409 |
| 3rd Low | 1.4089 |
1.4366 – 1.4318 – 1.4256 – 1.418 – 1.4187 – 1.4311 —
1.431700000 – 1.434800000 —
59.113782849137 – 55.919132009555 —
– —
1.4366 – 1777230000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –