The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 2.865400000 will persist.
Caution: A possible change in the direction of the support zone at 2.762000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 | 2.922700000 |
| 2nd High | 2.869300000 |
| Next High | 2.865400000 |
| Current Price | 2.840700000 |
| Next Low | 2.762000000 |
| 2nd Low | 2.697500000 |
| 3rd Low | 2.662900000 |
2.865400000 – 2.845500000 – 2.832900000 – 2.762000000 – 2.697500000 – 2.701400000 — 53.652513782607 – 55.110266211855
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –