XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 2.919300000 will continue.
Caution: A possible change in the direction of the resistance level at 2.974400000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. this 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 | 3.128000000 |
| 2nd High | 3.053500000 |
| Next High | 2.974400000 |
| Current Price | 2.857800000 |
| Next Low | 2.919300000 |
| 2nd Low | 2.782600000 |
| 3rd Low | 2.763700000 |
2.974400000 – 3.053500000 – 3.128000000 – 2.919300000 – 2.973600000 – 2.997100000 — 33.702780446527 – 32.753884516438
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –