XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 3.088600000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 2.997100000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.147200000 |
| 2nd High | 3.105600000 |
| Next High | 3.088600000 |
| Current Price | 3.116900000 |
| Next Low | 2.997100000 |
| 2nd Low | 2.969700000 |
| 3rd Low | 2.782600000 |
3.088600000 – 3.075600000 – 3.105600000 – 2.997100000 – 3.007200000 – 2.969700000 — 76.34153784151 – 77.513287402807
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –