The pair Ripple/Tether (XRP/USDT) jumps from the descending trendline up.
A bullish trend upwards to the next resistance line at 3.139700000 is certain.
Caution: A possible change in the direction of support at 2.981400000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.351200000 |
| 2nd High | 3.185800000 |
| Next High | 3.139700000 |
| Current Price | 3.011000000 |
| Next Low | 2.981400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.139700000 – 3.112000000 – 3.058600000 – 3.023200000 – 3.055800000 – 2.981400000 — 33.972338842284 – 34.530694320421
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –