XRP/USDT – 30M – BUYThe currency pair Ripple/Tether (XRP/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 2.329300000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.3293 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 2.329300000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is found. The chart shows ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.359300000 |
| 2nd High | 2.354300000 |
| Next High | 2.329300000 |
| Current Price | 2.304600000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.329300000 – 2.298800000 – 2.224800000 – 2.222300000 – 2.166100000 – 2.172300000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji