XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 2.320100000 will persist.
Caution: A possible change in the direction of the support level at 2.260100000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The 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 | 2.354300000 |
| 2nd High | 2.329300000 |
| Next High | 2.320100000 |
| Current Price | 2.307400000 |
| Next Low | 2.260100000 |
| 2nd Low | 2.222300000 |
| 3rd Low | 2.166100000 |
2.320100000 – 2.329300000 – 2.298800000 – 2.260100000 – 2.222300000 – 2.166100000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji