XRP/USDT – 30M – BUYAnd also a ‘Double top retreat up’ chart layout is found. The formation shows ‘Double top retreat up’. which is a positive chart scenario. The currency pair is likely to go up.
The pair Ripple/Tether (XRP/USDT) jumps from the bearish trendline up.
A bullish trend up to the next resistance line at 2.145000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 2.109300000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. 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 | 2.337000000 |
| 2nd High | 2.185500000 |
| Next High | 2.145000000 |
| Current Price | 2.119400000 |
| Next Low | 2.109300000 |
| 2nd Low | 2.092400000 |
| 3rd Low | 2.059100000 |
2.145000000 – 2.185500000 – 2.337000000 – 2.118400000 – 2.127300000 – 2.118100000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji