The pair Ripple/Tether (XRP/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 3.073100000 is likely expected.
Caution: A possible counter-trend in the direction of support at 2.935700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.128000000 |
| 2nd High | 3.081700000 |
| Next High | 3.073100000 |
| Current Price | 3.069000000 |
| Next Low | 2.935700000 |
| 2nd Low | 2.933700000 |
| 3rd Low | 2.792700000 |
3.073100000 – 3.036500000 – 2.996400000 – 2.935700000 – 2.936700000 – 2.933700000 — 62.424172968727 – 63.598650346229
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –