Buy XRP/USDT – 1H – BUY

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

A bullish movement up to the next resistance line at 2.884900000 will continue.

Caution: A possible counter-trend in the direction of support at 2.792700000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 3.026300000
2nd High 2.886700000
Next High 2.884900000
Current Price 2.900100000
Next Low 2.792700000
2nd Low 2.778000000
3rd Low 2.697500000

2.884900000 – 2.886700000 – 2.839000000 – 2.792700000 – 2.778000000 – 2.811000000 — 82.282377960769 – 84.801662868444

Trading Signals:

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