XRP/USDT – 1H – BUYFurthermore a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart shows ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The pair Ripple/Tether (XRP/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 2.175900000 is certain.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.255300000 |
| 2nd High | 2.180100000 |
| Next High | 2.175900000 |
| Current Price | 2.173700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.175900000 – 2.180100000 – 2.255300000 – 2.109300000 – 2.116300000 – 2.092400000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji