XRP/USDT – 1H – BUYThere is also a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Falling Wedge Chart Pattern’. this is a bullish signal. The currency pair is likely to go up.
The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 2.255300000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 2.140700000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 | 2.354300000 |
| 2nd High | 2.337900000 |
| Next High | 2.255300000 |
| Current Price | 2.181400000 |
| Next Low | 2.140700000 |
| 2nd Low | 2.109300000 |
| 3rd Low | 2.092400000 |
2.175900000 – 2.180100000 – 2.255300000 – 2.140700000 – 2.109300000 – 2.116300000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji