XRP/USDT – 30M – SELLThe pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 3.202600000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 3.306700000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.347500000 |
| 2nd High | 3.334200000 |
| Next High | 3.306700000 |
| Current Price | 3.280100000 |
| Next Low | 3.202600000 |
| 2nd Low | 3.115200000 |
| 3rd Low | 3.008700000 |
3.306700000 – 3.176500000 – 3.334200000 – 3.202600000 – 3.115200000 – 3.117600000 — 64.11309025482 – 59.02229940229
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –