XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 3.058600000 is expected.

Caution: A possible trend reversal in the direction of the support level at 3.002900000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.058600000 – 3.049600000 – 3.043000000 – 3.002900000 – 3.005400000 – 3.000400000 — 64.006805391115 – 64.826276915307

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –