XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 3.162100000 is expected.
Caution: A possible trend reversal in the direction of the support level at 3.040300000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 3.162100000 |
| Current Price | 3.088700000 |
| Next Low | 3.040300000 |
| 2nd Low | 2.998100000 |
| 3rd Low | 2.955500000 |
3.162100000 – 3.150000000 – 3.185600000 – 3.040300000 – 3.093200000 – 3.053300000 — 45.768474113643 – 47.385521655506
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up –