The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 3.156000000 is considered certain.
Caution: A possible change in the direction of support at 3.082900000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The 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 | 3.372600000 |
| 2nd High | 3.351200000 |
| Next High | 3.156000000 |
| Current Price | 3.131200000 |
| Next Low | 3.082900000 |
| 2nd Low | 3.002400000 |
| 3rd Low | 2.991500000 |
3.156000000 – 3.140700000 – 3.142700000 – 3.082900000 – 3.002400000 – 3.029500000 — 54.889448547459 – 56.906292002815
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down – –