XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 2.0618 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 2.0536 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.0798 |
| 2nd High | 2.0673 |
| Next High | 2.0618 |
| Current Price | 2.057700000 |
| Next Low | 2.0536 |
| 2nd Low | 2.0263 |
| 3rd Low | 1.2543 |
2.0618 – 2.0673 – 2.0798 – 2.0536 – 2.0263 – 2.0577 — 52.108991275011 – 52.479065864378 — 60.467337323316 – 61.509401927077 – 62.755789013537 – 62.484259377167
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –