XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) moves from the bearish trendline upwards
The bullish trend upwards to the next resistance at 3.147200000 is expected.
Caution: A possible trend reversal in the direction of the support line at 2.940400000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.351200000 |
| 2nd High | 3.156000000 |
| Next High | 3.147200000 |
| Current Price | 3.082200000 |
| Next Low | 2.940400000 |
| 2nd Low | 2.901400000 |
| 3rd Low | 2.892000000 |
3.147200000 – 3.141000000 – 3.156000000 – 2.940400000 – 3.077300000 – 3.111500000 — 65.952497071593 – 67.130670890646
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –