The pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 3.335000000 will persist.
Caution: A possible change in the direction of support at 3.202600000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 3.382500000 |
| 2nd High | 3.347500000 |
| Next High | 3.335000000 |
| Current Price | 3.286500000 |
| Next Low | 3.202600000 |
| 2nd Low | 3.115200000 |
| 3rd Low | 2.964100000 |
3.335000000 – 3.306700000 – 3.334200000 – 3.202600000 – 3.115200000 – 3.152100000 — 54.382986301426 – 57.090071037059
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –