Buy XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support level at 2.090100000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 2.468300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Southern Doji’ candle pattern is discovered. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 2.728100000
2nd High 2.474300000
Next High 2.468300000
Current Price 2.294900000
Next Low 2.090100000
2nd Low 2.016000000
3rd Low 1.995400000

Download XRP/USDT Signal Image

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