The currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 3.335000000 will continue.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 3.372600000 |
| 2nd High | 3.347500000 |
| Next High | 3.335000000 |
| Current Price | 3.275500000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.335000000 – 3.306700000 – 3.176500000 – 3.202600000 – 3.115200000 – 3.117600000 — 51.420073027629 – 52.998174683177
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –