XRP/USDT – 1H – BUYThe combination Ripple/Tether (XRP/USDT) jumps from the descending trendline upwards
An ascending movement upwards to the next resistance level at 3.178400000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3.001000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘RSI cross above 30’ indicator signal is detected. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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 | 3.178400000 |
| Current Price | 2.982500000 |
| Next Low | 3.001000000 |
| 2nd Low | 2.998100000 |
| 3rd Low | 2.955500000 |
3.178400000 – 3.162100000 – 3.185600000 – 3.001000000 – 3.053300000 – 3.078800000 — 35.77108033627 – 38.872844683567
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up –