XRP/USDT – 1H – BUY

Also there is a ‘Falling Wedge Chart Pattern’ chart layout is found. The formation shows ‘Falling Wedge Chart Pattern’. which is a positive signal. The currency pair is likely to go up.

The pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.

The bullish trend up to the next resistance level at 2.337000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 2.118100000 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 2.22315 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 2.337000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.337000000 – 2.175900000 – 2.180100000 – 2.118100000 – 2.141700000 – 2.140700000

Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji