XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) moves from the descending trendline upwards
An ascending movement upwards to the next resistance line at 3.096900000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 2.940400000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 3.156000000 |
| 2nd High | 3.147200000 |
| Next High | 3.096900000 |
| Current Price | 2.929900000 |
| Next Low | 2.940400000 |
| 2nd Low | 2.901400000 |
| 3rd Low | 2.892000000 |
3.096900000 – 3.147200000 – 3.156000000 – 2.940400000 – 3.082900000 – 3.002400000 — 32.446935984284 – 32.581596369371
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –