Buy XRP/USDT – 30M – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance line at 2.832900000 will continue.

Caution: A possible trend reversal in the direction of support at 2.697500000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.8693 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 2.832900000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.869300000
2nd High 2.839000000
Next High 2.832900000
Current Price 2.839900000
Next Low 2.697500000
2nd Low 2.662900000
3rd Low 2.659600000

2.832900000 – 2.839000000 – 2.869300000 – 2.697500000 – 2.701400000 – 2.801400000 — 64.256107655245 – 65.241465899792

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