XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 1.435 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 1.3795 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K crosses above 0.2’ indicator layout is found. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.4389392 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.435 could occur.
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 | 1.421100000 |
| Next Low | 1.3795 |
| 2nd Low | 1.3716 |
| 3rd Low | 1.3644 |
1.435 – 1.427 – 1.4215 – 1.3795 – 1.3802 – 1.3831 —
1.427500000 – 1.422100000 —
58.956433751451 – 46.018088336031 —
– —
1.435 – 1778290200