XRP/USDT

Buy XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance line at is certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.562400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.8473 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 0.877300000
Next Low 0.562400000
2nd Low 0.543600000
3rd Low 0.495700000

Download XRP/USDT Signal Image

Trading Signals:

Sell XRP/USDT – 30M – SELL

The pair Ripple/Tether (XRP/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support at 0.755300000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.839800000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 0.847300000
Next High 0.839800000
Current Price 0.825900000
Next Low 0.755300000
2nd Low 0.682900000
3rd Low 0.575800000

Download XRP/USDT Signal Image

Trading Signals:

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