The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 3.238700000 is likely expected.
Caution: A possible change in the direction of the support level at could happen.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
In addition a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. which is often a bullish chart signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency 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 | 3.578700000 |
| 2nd High | 3.265100000 |
| Next High | 3.238700000 |
| Current Price | 3.228000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.238700000 – 3.218100000 – 3.265100000 – 3.163000000 – 3.156400000 – 2.998100000 — 58.510247979993 – 61.78417915635
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down –