Buy XRP/USDT – 30M – BUY

The currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance level at 2.845500000 is certain.

Caution: A possible trend reversal in the direction of support at 2.762000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. 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 2.845500000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. 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 2.922700000
2nd High 2.869300000
Next High 2.845500000
Current Price 2.859100000
Next Low 2.762000000
2nd Low 2.697500000
3rd Low 2.662900000

2.845500000 – 2.832900000 – 2.839000000 – 2.762000000 – 2.697500000 – 2.701400000 — 56.392369709148 – 59.527582501527

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