XRP/USDT – 30M – BUYIn addition a ‘Double top retreat up’ chart pattern is detected. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to go up.
The pair Ripple/Tether (XRP/USDT) moves from the bearish trendline up.
A bullish ascent upwards to the next resistance level at 3.330800000 is likely expected.
Caution: A possible trend reversal in the direction of support at 3.163000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern 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 | 3.649500000 |
| 2nd High | 3.578700000 |
| Next High | 3.330800000 |
| Current Price | 3.165400000 |
| Next Low | 3.163000000 |
| 2nd Low | 3.156400000 |
| 3rd Low | 2.998100000 |
3.330800000 – 3.238700000 – 3.209800000 – 3.163000000 – 3.156400000 – 3.158400000 — 28.428314880045 – 32.26423303835
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up –