The combination Ripple/Tether (XRP/USDT) goes from the bullish trendline down.
A bearish descent down to the next support level at 1.418 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 1.446600000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Southern Doji’ candlestick pattern is existing. The candles show ‘Southern 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 success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.4503 |
| Next High | 1.446600000 |
| Current Price | 1.414100000 |
| Next Low | 1.418 |
| 2nd Low | 1.409 |
| 3rd Low | 1.4089 |
1.446600000 – 1.4366 – 1.4318 – 1.42 – 1.418 – 1.4187 —
1.446600000 – 1.418800000 —
63.057779126291 – 32.083753258493 —
1.446600000 – 1777260600 —
– 1777260600
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Southern Doji – – –