The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 3.013500000 is considered certain.
Caution: A possible change in the direction of support at 2.970000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.185800000 |
| 2nd High | 3.139700000 |
| Next High | 3.013500000 |
| Current Price | 2.979300000 |
| Next Low | 2.970000000 |
| 2nd Low | 2.965200000 |
| 3rd Low | 2.964200000 |
3.013500000 – 2.996100000 – 3.009100000 – 2.970000000 – 2.965200000 – 2.978400000 — 43.104045405759 – 43.39186600402
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern – –