XRP/USDT – 1H – BUY

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

An ascent up to the next resistance at 2.884900000 is considered certain.

Caution: A possible change in the direction of the support level at 2.792700000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 2.8867 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 2.884900000 could be enabled.
Consider stop-loss settings accordingly.

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

2.884900000 – 2.886700000 – 2.839000000 – 2.792700000 – 2.778000000 – 2.811000000 — 71.607700450464 – 72.254321068221

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Triple top chart pattern – –