The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 3.649500000 is considered certain.
Caution: A possible change in the direction of the support zone at 3.499600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3.660700000 |
| Next High | 3.649500000 |
| Current Price | 3.561300000 |
| Next Low | 3.499600000 |
| 2nd Low | 3.403800000 |
| 3rd Low | 3.380000000 |
3.649500000 – 3.580900000 – 3.557900000 – 3.499600000 – 3.403800000 – 3.380000000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji –