XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 1.4573 is considered certain.
Caution: A possible change in the direction of the support level at 1.403500000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Bullish Belt Hold’ chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51 |
| 2nd High | 1.4626 |
| Next High | 1.4573 |
| Current Price | 1.414800000 |
| Next Low | 1.403500000 |
| 2nd Low | 1.3901 |
| 3rd Low | 1.3829 |
1.4573 – 1.4209 – 1.4003 – 1.403500000 – 1.4133 – 1.3901 —
1.412000000 – 1.414600000 —
35.350259738057 – 41.897876528718 —
1.403500000 – 1778122800 —
1.4573 – 1778065200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Bullish Belt Hold – – –