XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) goes from the descending trendline up.
An ascending movement up to the next resistance at 2.922700000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 2.782600000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘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 | 3.045400000 |
| 2nd High | 3.026300000 |
| Next High | 2.922700000 |
| Current Price | 2.818500000 |
| Next Low | 2.782600000 |
| 2nd Low | 2.763700000 |
| 3rd Low | 2.662900000 |
2.922700000 – 3.026300000 – 3.045400000 – 2.943200000 – 2.953000000 – 2.988200000 — 41.662517063197 – 44.183169115304
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –