The pair Ripple/Tether (XRP/USDT) goes from the descending trendline upwards
A bullish ascent up to the next resistance at 3.347500000 will persist.
Caution: A possible change in the direction of support at should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘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 | 3.382500000 |
| 2nd High | 3.372600000 |
| Next High | 3.347500000 |
| Current Price | 3.208800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.347500000 – 3.340400000 – 3.372600000 – 3.208300000 – 3.246100000 – 3.205100000 — 35.205408833109 – 39.764541843776
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –