XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 3.075600000 is expected.
Caution: A possible trend reversal in the direction of support at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.147200000 |
| 2nd High | 3.105600000 |
| Next High | 3.075600000 |
| Current Price | 3.023900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.075600000 – 3.105600000 – 2.876400000 – 3.007200000 – 2.969700000 – 2.782600000 — 50.062916805944 – 50.775846844584
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –