XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 3.335000000 will persist.
Caution: A possible trend reversal in the direction of the support line at 3.226600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.372600000 |
| 2nd High | 3.347500000 |
| Next High | 3.335000000 |
| Current Price | 3.297900000 |
| Next Low | 3.226600000 |
| 2nd Low | 3.202600000 |
| 3rd Low | 3.115200000 |
3.335000000 – 3.306700000 – 3.176500000 – 3.226600000 – 3.202600000 – 3.115200000 — 56.317651253346 – 58.675552586876
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –