The combination Ripple/Tether (XRP/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 3.211100000 is expected.
Caution: A possible trend reversal in the direction of the support level at 2.998100000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which is often a bullish chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.578700000 |
| 2nd High | 3.265100000 |
| Next High | 3.211100000 |
| Current Price | 3.209700000 |
| Next Low | 2.998100000 |
| 2nd Low | 2.955500000 |
| 3rd Low | 2.877400000 |
3.211100000 – 3.153400000 – 3.265100000 – 2.998100000 – 3.035300000 – 2.955500000 — 61.615265520725 – 67.832611576846
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – –