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: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –