The currency pair Ripple/Tether (XRP/USDT) goes from the ascending trendline down.
A descending movement down to the next support line at 2.373400000 is certain.
Caution: A possible change in the direction of resistance at 2.442300000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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 | 2.728100000 |
2nd High | 2.474300000 |
Next High | 2.442300000 |
Current Price | 2.385800000 |
Next Low | 2.373400000 |
2nd Low | 2.327300000 |
3rd Low | 2.090100000 |
Download XRP/USDT Signal Image
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji