XRP/USDT – 1H – BUYAnd also a ‘Inverse Head and Shoulder chart pattern’ chart formation is found. The chart forms ‘Inverse Head and Shoulder chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 2.337000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.354300000 |
| 2nd High | 2.337900000 |
| Next High | 2.337000000 |
| Current Price | 2.215900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.337000000 – 2.175900000 – 2.180100000 – 2.140700000 – 2.109300000 – 2.116300000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji