XRP/USDT – 1H – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 3.009100000 will persist.
Caution: A possible change in the direction of support at 2.978400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.139700000 |
| Next High | 3.009100000 |
| Current Price | 2.991500000 |
| Next Low | 2.978400000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.009100000 – 3.139700000 – 3.058600000 – 2.978400000 – 2.981400000 – 2.964200000 — 42.481112017808 – 43.991752958499
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –