XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 3.026300000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 2.792700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. 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 | 3.081700000 |
| 2nd High | 3.045400000 |
| Next High | 3.026300000 |
| Current Price | 2.986900000 |
| Next Low | 2.792700000 |
| 2nd Low | 2.778000000 |
| 3rd Low | 2.762000000 |
2.928500000 – 2.828900000 – 2.865300000 – 2.792700000 – 2.812300000 – 2.800000000 — 75.547406467186 – 77.006130087686
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –