Buy XRP/USDT – 30M – BUY

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The pair Ripple/Tether (XRP/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at will persist.

Caution: A possible trend reversal in the direction of the resistance line at 2.141500000 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.198900000
2nd High 2.171100000
Next High 2.141500000
Current Price 2.093000000
Next Low
2nd Low
3rd Low

Download XRP/USDT Signal Image

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