The currency pair Ripple/Tether (XRP/USDT) goes from the bearish trendline up.
An ascent up to the next resistance at 3.013500000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 2.965200000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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 | 3.185800000 |
| 2nd High | 3.139700000 |
| Next High | 3.013500000 |
| Current Price | 2.980600000 |
| Next Low | 2.965200000 |
| 2nd Low | 2.964200000 |
| 3rd Low | 2.953200000 |
3.013500000 – 3.009100000 – 3.139700000 – 2.965200000 – 2.978400000 – 2.981400000 — 45.414128849402 – 45.907674065546
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –