Buy XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) goes from the descending trendline upwards

The bullish trend up to the next resistance line at 3.147200000 will persist.

Caution: A possible trend reversal in the direction of support at 2.940400000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. this is a bullish 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’ heading 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 3.070500000
Next Low 2.940400000
2nd Low 2.901400000
3rd Low 2.892000000

3.147200000 – 3.141000000 – 3.156000000 – 2.940400000 – 3.077300000 – 3.111500000 — 63.026557513939 – 67.414603434867

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