XRP/USDT – 30M – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 2.936500000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2.877400000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.963700000 |
| 2nd High | 2.946200000 |
| Next High | 2.936500000 |
| Current Price | 2.938600000 |
| Next Low | 2.877400000 |
| 2nd Low | 2.840700000 |
| 3rd Low | 2.803800000 |
2.936500000 – 2.946200000 – 2.963700000 – 2.877400000 – 2.840700000 – 2.803800000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji – Triple bottom chart pattern