XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 3.578700000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 3.421800000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.660700000 |
| 2nd High | 3.649500000 |
| Next High | 3.578700000 |
| Current Price | 3.455000000 |
| Next Low | 3.421800000 |
| 2nd Low | 3.403800000 |
| 3rd Low | 3.380000000 |
3.578700000 – 3.649500000 – 3.580900000 – 3.421800000 – 3.499600000 – 3.403800000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –