XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 1.435 is considered certain.
Caution: A possible change in the direction of support at 1.3795 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.4389392 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 1.435 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4573 |
| Next High | 1.435 |
| Current Price | 1.422000000 |
| Next Low | 1.3795 |
| 2nd Low | 1.3458 |
| 3rd Low | 1.3193 |
1.435 – 1.4573 – 1.4209 – 1.3795 – 1.4035 – 1.4133 —
1.434200000 – 1.425500000 —
67.720766121433 – 53.789935366261 —
– —
1.435 – 1778288400