XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 3.211100000 is likely expected.
Caution: A possible change in the direction of the support level at 2.998100000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 3.578700000 |
| 2nd High | 3.265100000 |
| Next High | 3.211100000 |
| Current Price | 3.191100000 |
| Next Low | 2.998100000 |
| 2nd Low | 2.955500000 |
| 3rd Low | 2.877400000 |
3.211100000 – 3.153400000 – 3.265100000 – 2.998100000 – 3.035300000 – 2.955500000 — 53.148909885405 – 56.286953234031
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – –