Buy XRP/USDT – 1H – BUY

The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 3.660700000 is certain.

Caution: A possible trend reversal in the direction of support at 3.343900000 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 3.6607 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 3.660700000 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 3.660700000
Current Price 3.449400000
Next Low 3.343900000
2nd Low 2.803800000
3rd Low 2.763700000

3.660700000 – 2.946200000 – 3.035000000 – 3.343900000 – 2.803800000 – 2.763700000

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