XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline up.
An ascent upwards to the next resistance level at 2.0299 is expected.
Caution: A possible counter-trend in the direction of support at 1.2543 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.0673 |
| 2nd High | 2.0661 |
| Next High | 2.0299 |
| Current Price | 1.910100000 |
| Next Low | 1.2543 |
| 2nd Low | |
| 3rd Low |
2.0299 – 2.0661 – 2.0618 – 1.9191 – 2.0536 – 2.0263 —
1.923400000 – 1.907900000 —
33.452244427134 – 25.505980132802 —
– —
2.02990 – 1768840200
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – – –