XRP/USDT

Buy XRP/USDT – 1H – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.847300000 will continue.

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

Also there is a ‘Bullish Engulfing’ candle pattern is discovered. The candles form ‘Bullish Engulfing’. this is a bullish 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 ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.847300000
Current Price 0.882600000
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) goes from the bullish trendline downwards

A descent down to the next support level at 0.773100000 is expected.

Caution: A possible change in the direction of the resistance zone at is also possible.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 0.865900000
Next Low 0.773100000
2nd Low 0.755300000
3rd Low 0.682900000

Download XRP/USDT Signal Image

Trading Signals:

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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