XRP/USDT – 1H – BUYThe pair Ripple/Tether (XRP/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 3.218100000 is considered certain.
Caution: A possible change in the direction of the support line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
And also a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive 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 | 3.578700000 |
| 2nd High | 3.265100000 |
| Next High | 3.218100000 |
| Current Price | 3.205800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.218100000 – 3.265100000 – 3.578700000 – 3.156400000 – 2.998100000 – 2.955500000 — 55.218516281136 – 56.031714904309
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom chart pattern –