The pair Ripple/Tether (XRP/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 1.4215 is expected.
Caution: A possible change in the direction of the support zone at 1.3831 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.4626 |
| 2nd High | 1.4573 |
| Next High | 1.4215 |
| Current Price | 1.384900000 |
| Next Low | 1.3831 |
| 2nd Low | 1.3829 |
| 3rd Low | 1.3814 |
1.4215 – 1.4573 – 1.4222 – 1.3831 – 1.4035 – 1.4133 —
1.396100000 – 1.387100000 —
41.533400209986 – 36.500159936391 —
– —
1.4215 – 1778139000
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –