XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 3.306700000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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’ heading 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 | 3.275800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.306700000 – 3.176500000 – 3.334200000 – 3.202600000 – 3.115200000 – 3.117600000 — 48.466268099622 – 53.076664105293
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –