XRP/USDT – 30M – SELLThe currency pair Ripple/Tether (XRP/USDT) moves from the ascending trendline down.
A descent down to the next support at 2.981400000 is expected.
Caution: A possible change in the direction of the resistance line at 3.185800000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.351200000 |
| Next High | 3.185800000 |
| Current Price | 3.081900000 |
| Next Low | 2.981400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.058600000 – 3.049600000 – 3.043000000 – 2.981400000 – 3.002900000 – 3.005400000 — 66.894790876945 – 61.573988473256
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern – –