Buy XRP/USDT – 30M – BUY

The pair Ripple/Tether (XRP/USDT) jumps from the descending trendline upwards

The bullish trend upwards to the next resistance line at 3.139700000 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 2.978400000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Then a ‘Inverted Hammer’ candlestick chart pattern is found. The candles form ‘Inverted Hammer’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ going up is 65% (Bull Market).

Support & Resistance Price Range*
3rd High 3.351200000
2nd High 3.185800000
Next High 3.139700000
Current Price 2.981700000
Next Low 2.978400000
2nd Low 2.964200000
3rd Low 2.953200000

3.139700000 – 3.112000000 – 3.058600000 – 2.978400000 – 3.023200000 – 3.055800000 — 37.964189670617 – 40.192722885551

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