XRP/USDT – 30M – BUYThe combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 3.265100000 is expected.
Caution: A possible counter-trend in the direction of support at 3.163000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 3.649500000 |
| 2nd High | 3.578700000 |
| Next High | 3.265100000 |
| Current Price | 3.322100000 |
| Next Low | 3.163000000 |
| 2nd Low | 3.156400000 |
| 3rd Low | 2.998100000 |
3.238700000 – 3.209800000 – 3.218100000 – 3.163000000 – 3.156400000 – 3.158400000 — 68.990514947293 – 69.455854645516
Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Northern Doji – Double bottom retreat down –