The currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance line at 1.4573 will persist.
Caution: A possible counter-trend in the direction of the support zone at 1.4035 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.4201 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.4573 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 1.4573 |
| Current Price | 1.419100000 |
| Next Low | 1.4035 |
| 2nd Low | 1.3901 |
| 3rd Low | 1.3829 |
1.4573 – 1.4209 – 1.4003 – 1.4035 – 1.4133 – 1.3901 —
1.387100000 – 1.386800000 —
30.632204934391 – 36.876855298664 —
– —
1.4573 – 1778065200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Three White Soldiers – – –