The currency pair Ripple/Tether (XRP/USDT) goes from the descending trendline up.
The bullish trend up to the next resistance at 3.139700000 will continue.
Caution: A possible counter-trend in the direction of the support line at 2.978400000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 2.989100000 |
| Next Low | 2.978400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.139700000 – 3.058600000 – 3.066900000 – 2.978400000 – 2.981400000 – 2.964200000 — 34.354408847816 – 40.974513134956
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –