There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at will persist.
Caution: A possible change in the direction of resistance at 3.150000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.330800000 |
| 2nd High | 3.185600000 |
| Next High | 3.150000000 |
| Current Price | 3.105700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.150000000 – 3.185600000 – 3.330800000 – 3.093200000 – 3.053300000 – 3.078800000 — 49.211924268616 – 41.658612973959
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –