The pair Ripple/Tether (XRP/USDT) goes from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 1.9268 will continue.
Caution: A possible trend reversal in the direction of the support zone at 1.87 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency 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 | 2.0661 |
| 2nd High | 2.0299 |
| Next High | 1.9268 |
| Current Price | 1.891400000 |
| Next Low | 1.87 |
| 2nd Low | 1.2543 |
| 3rd Low |
1.9268 – 2.0299 – 2.0661 – 1.87 – 1.9191 – 2.0536 —
1.904600000 – 1.938200000 —
49.262582308543 – 39.597224055743 —
– —
1.92680 – 1768973400
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double top retreat up – –