XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 2.928500000 is expected.
Caution: A possible change in the direction of the support zone at 2.792700000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern 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 | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.928500000 |
| Current Price | 2.863800000 |
| Next Low | 2.792700000 |
| 2nd Low | 2.778000000 |
| 3rd Low | 2.762000000 |
2.928500000 – 2.828900000 – 2.865300000 – 2.792700000 – 2.812300000 – 2.800000000 — 54.580844547765 – 55.113147788599
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –