XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 2.847600000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 2.662900000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.975000000 |
| 2nd High | 2.847900000 |
| Next High | 2.847600000 |
| Current Price | 2.727000000 |
| Next Low | 2.662900000 |
| 2nd Low | 2.659600000 |
| 3rd Low | 2.248500000 |
2.847600000 – 2.847900000 – 2.975000000 – 2.662900000 – 2.659600000 – 2.248500000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up