The currency pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 2.865300000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 2.800000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.886700000 |
| 2nd High | 2.884900000 |
| Next High | 2.865300000 |
| Current Price | 2.824200000 |
| Next Low | 2.800000000 |
| 2nd Low | 2.778000000 |
| 3rd Low | 2.762000000 |
2.865300000 – 2.884900000 – 2.825600000 – 2.800000000 – 2.778000000 – 2.814000000 — 49.022749977638 – 49.628295363026
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –