XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 3.058600000 will persist.
Caution: A possible counter-trend in the direction of the support level at 3.002900000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.066900000 |
| Next High | 3.058600000 |
| Current Price | 3.028800000 |
| Next Low | 3.002900000 |
| 2nd Low | 3.000400000 |
| 3rd Low | 2.964200000 |
3.058600000 – 3.049600000 – 3.043000000 – 3.002900000 – 3.005400000 – 3.000400000 — 50.018659675166 – 54.598439703731
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –