XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 2.191200000 is expected.
Caution: A possible trend reversal in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.264200000 |
| 2nd High | 2.226500000 |
| Next High | 2.191200000 |
| Current Price | 2.181900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.191200000 – 2.190300000 – 2.226500000 – 2.147500000 – 2.059100000 – 2.183700000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji