Buy XRP/USDT – 30M – BUY

The combination Ripple/Tether (XRP/USDT) moves from the descending trendline upwards

The bullish trend up to the next resistance at 3.013500000 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 2.953200000 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 3.0037844 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 3.013500000 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 2.975700000
Next Low 2.953200000
2nd Low 2.935700000
3rd Low 2.933700000

3.013500000 – 2.996100000 – 3.009100000 – 2.961800000 – 2.970000000 – 2.965200000 — 47.077138282134 – 48.221654470447

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