Buy XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) goes from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 3.066900000 will persist.

Caution: A possible trend reversal in the direction of the support level at 2.953200000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 3.0695 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 3.066900000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 3.351200000
2nd High 3.185800000
Next High 3.066900000
Current Price 3.028300000
Next Low 2.953200000
2nd Low 2.935700000
3rd Low 2.933700000

3.066900000 – 3.185800000 – 3.137600000 – 2.953200000 – 3.012000000 – 3.009900000 — 53.428387477297 – 55.286926253269

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