XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 3.557900000 is considered certain.
Caution: A possible change in the direction of the support level at 3.403800000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3.660700000 |
| Next High | 3.557900000 |
| Current Price | 3.504400000 |
| Next Low | 3.403800000 |
| 2nd Low | 3.380000000 |
| 3rd Low | 3.354700000 |
3.557900000 – 3.535200000 – 3.451300000 – 3.403800000 – 3.380000000 – 3.354700000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –