XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A bearish trend down to the next support level at 2.257200000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.468300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Southern Doji’ candle pattern is detected. The candles show ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going 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 | 2.281500000 |
| Next Low | 2.257200000 |
| 2nd Low | 1.995400000 |
| 3rd Low | 1.900000000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Southern Doji